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Zynga acquires two companies from CEO Mark Pincus

16th June 2015 7:23 am GMT

Social gaming giant Zynga has entered into an asset purchase agreement to acquire SF Incubator LLC and super.io Inc, two companies owned by the company’s chairman and chief executive Mark Pincus.

Pincus has invested around $2.2m in the two companies, and sold them to Zynga for a purchase price of $1, with the operator also assuming liabilities of approximately $365,000.

The transaction gives Zynga the option to acquire the services of nine skilled technical personnel in what it describes [...]

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