Industry Newsroom

Earlybird Exits Turkish Mobile Game Maker Peak Games to Zynga for USD520m

Europe-focused VC firm Earlybird Venture Capital has exited Peak Games to US-based social gaming company Zynga for USD520m, as part of a USD1.8b sale. Other exiting shareholders include Hummingbird Ventures, Endeavor Global, and Peak Games CEO and Founder Sidar Sahin. The deal, comprising USD900m in cash and USD900m in Zynga shares, is expected to close in the third quarter of 2020. Read more