Zynga acquires Echtra Games with plans for more cross-platform games

Zynga Inc. ZNGA,
-0.88%
announced Wednesday morning that it had acquired Echtra Games, which will help the company develop a role-playing game (RPG) that can be played on all platforms. “This acquisition will be critical to growing our iconic licenses and brands from mobile to PCs and consoles, while helping to further expand Zynga’s total addressable market,” Zynga CEO Frank said in a statement. Gibeau. Echtra Games ’leadership team has had experience in developing games like“ Devil ”and“ The Sims 4, ”Zynga said at launch. The terms of the acquisition were not disclosed. Shares of Zynga rose 1.4% in pre-market trading on Wednesday. Shares have risen 37% in the past three months as the S&P 500 SPX
-0.12%
has risen 5.6%.

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