Draw Something creator sold for $180 million
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As expected, Zynga, owner of Words with Friends, has added to its portfolio of top mobile games by purchasing OMGPOP for more than $200 million. The purchase price includes $30 million to use for employee retention payments. OMGPOP is the owner of the sizzling hot Draw Something, a Pictionary inspired game that allows an iOS or Android user to challenge an opponent from anywhere in the world. 35 million downloads of the game have made it the number one free app, number one paid app and number one game in 80 countries. OMGPOP brings in $250,000 a day from the game (after Apple takes its 30% slice) and is available in a free and paid version. The free version generates 1 billion ad impressions... »read more
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