Microsoft Looked to Buy Zynga in 2010 - News

by William D'Angelo , posted on 08 July 2013 / 2,083 Views

Don Mattrick in 2010 lead an attempt by Microsoft to acquire Zynga, according to a report by Bloomberg. Mattrick is now taking over as Zynga CEO from founder Mark Pincus. Zynga has struggled in recent times losing its spot as the number one game developer on Facebook to Mattrick is looking to turn things around for Zynga.

The attempt to acquire Zynga in 2010 is reported to be the reason why he left Microsoft to join Zynga. After discussions in 2010 Mattrick and Pincus have remained in touch. Talks for Mattrick to join Zynga began in March.

Mattrick is receiving a a compensation package from Zynga that could be worth more than $50 million. In a meeting with the company, one employee said that Mattrick is looking to focus on the next 30 days at Zynga and not what he plans to accomplish over the next six months.

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Ganoncrotch (on 08 July 2013)

aren't MS lucky they didn't, I think that was at a time when zynga shares were worth about 20dollars a pop, now they're floating around 3. they would have been paying 7 times what it's worth today.

Hydrocrush (on 08 July 2013)

then everyone would yell R.I.P zynga