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Posts Tagged ‘NaturalMotion’

By Malathi Nayak and Gerry Shih SAN FRANCISCO (Reuters) – Zynga Inc will shed 15 percent of its workforce to slash costs and buy mobile game developer NaturalMotion for $527 million to refresh a stalled games pipeline, moves that sent its stock soaring 20 percent in after-hours trading. Chief Executive Officer Don Mattrick, hired last […]

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SAN FRANCISCO (AP) — Zynga Inc. said Thursday it is buying NaturalMotion, the company behind the hit mobile games CSR Racing and Clumsy Ninja, while cutting 15 percent of its workforce in a turnaround effort.

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