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Zynga is also ready to land on the stock exchange

In the wake of LinkedIn, the company that produces games for Facebook is also preparing the IPO. By the end of June the landing on Wall Street

Zynga is also ready to land on the stock exchange

Social media and financial markets, an increasingly successful combination. After the Chinese Renren and LinkedIn, it's the turn of the online gaming house Zynga, famous for distributing the famous Farmville, Mafia Wars and TexasHold'em Poker on Facebook. The presentation of the IPO to the SEC (the American Consob) should take place by the end of next week and the debut on the New York list is expected by the end of June.
The company is currently valued at around $9 billion, but analysts are not ruling out an even higher valuation given LinkedIn's exploits. Already with 9 billion Zynga would rank above EA, the industry giant, listed on the Nasdaq for 7,7 billion and second only to Activison Blizzard, producer of masterpieces such as Guitar Hero and Call of duty.
The company currently has 250 million players a month, in 2010 it recorded profits of 400 million dollars on revenues of 850, with even greater prospects for 2011. It has a workforce of 1500 employees divided into 13 offices in six countries.

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