Zynga Inc. ZNGA,
announced on Wednesday morning that it has acquired Echtra Games, which will help the company develop a role-playing game (RPG) that can be played across platforms. “This acquisition will help expand our iconic mobile licenses and brands from computers to consoles, and will help further expand Zynga’s total accountable market,” said Zynga CEO Frank Gibeau in a statement. statement said. The leadership team of Echtra Games has experience in developing games such as ‘Diablo’ and ‘The Sims 4’, Zynga said in its release. The terms of the acquisition were not disclosed. Zynga shares rose 1.4% on Wednesday. The stock has risen 37% over the past three months as the S&P 500 SPX,
increased by 5.6%.
