Softbank Bets $150M on Zynga

Zynga, the San Francisco-based maker of wildly successful Facebook games such as FarmVille and Mafia Wars, has picked up a $150 million investment from Japan’s Softbank, the two companies announced last night. The companies also unveiled a joint venture, Zynga Japan, that will develop and distribute social games in Japan, a market where Zynga has not previously ventured. Zynga games have over 230 million monthly active users.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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