Zynga plans acquisitions in search of latest online game

Filed under: AM Roundup |

Not willing to rest on the popularity of Facebook games like “Farmville” and “Cityville,” Zynga is spending money to acquire other online companies, said Bloomberg.

In its first year as a publicly traded company, Zynga is turning to M&A to expand into new regions and markets such as mobile games.

The biggest maker of social games paid $180 million last month to acquire OMGPop Inc., after spending a combined $147.2 million for 22 companies in 2010 and 2011.

Read more at Bloomberg.