Angry Birds developer Rovio allegedly rejected a $2.25 billion acquisition offer by Zynga over the summer. The report comes from a New York Times piece about how Zynga's tough corporate culture may gush talent as soon as unhappy employees with stock make bank on the IPO.
The piece also mentions how Zynga lost out on acquiring PopCap earlier this year for nearly a billion in cash to Electronic Arts, which offered a mere $750 million with performance bonuses.
Clearly, if Zynga offered more cash and lost to a company like EA (which had its own share of image issues in the past), it's not hard to contextualize that the Farmville publisher has a slight employee perception problem. At least Zynga execs can dry their tears with thousand dollar bills.
Reader Comments (25)
Posted: Nov 28th 2011 11:59AM Eniko said
Hey, she sure knows that it has and will take years for EA to look better to customers. (not me, i don't really care tbh)
Posted: Nov 28th 2011 12:04PM Timjoy said
It's strange to me that rovio is worth more than popcap.
Posted: Nov 28th 2011 12:19PM foxhound said
@trinica
"WTF?!"
Well, if you need an answer - I bought AB:SEASONS because it's a fun, time-wasting game. In fact, it sort of reminds me of that old "Gorillas"(I don't know the actual title)game that was on Q-Basic decades ago.
It's not the best title nor game of the year material, but for 99ยข, I really don't care if it was. Sometimes it's fun to play simple games that aren't AAA, million-dollar developed titles.
Reply
"WTF?!"
Well, if you need an answer - I bought AB:SEASONS because it's a fun, time-wasting game. In fact, it sort of reminds me of that old "Gorillas"(I don't know the actual title)game that was on Q-Basic decades ago.
It's not the best title nor game of the year material, but for 99ยข, I really don't care if it was. Sometimes it's fun to play simple games that aren't AAA, million-dollar developed titles.
Posted: Nov 28th 2011 12:32PM A Sandwich said
@Timjoy
It's strange to me that Rovio is worth anything.
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It's strange to me that Rovio is worth anything.
Posted: Nov 28th 2011 6:28PM darkinchworm said
@Timjoy
Like I said in the last article in which Rovio trumpeted its supposed greatness, Angry Birds is the new Guitar Hero. I'd be willing to bet Rovio will have very little of anything to support themselves with after the popularity of Angry Birds has passed. They have so far given zero indication that they are up to anything interesting other than more Angry Birds franchise milking.
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Like I said in the last article in which Rovio trumpeted its supposed greatness, Angry Birds is the new Guitar Hero. I'd be willing to bet Rovio will have very little of anything to support themselves with after the popularity of Angry Birds has passed. They have so far given zero indication that they are up to anything interesting other than more Angry Birds franchise milking.
Posted: Nov 28th 2011 12:20PM foxhound said
That's quite a bit of money there... I would've sold it with contractual stipulations attached to protect the brand.
Posted: Nov 28th 2011 12:27PM GeraltRivia said
Angrybirdville?
Posted: Nov 28th 2011 12:31PM A Sandwich said
Vesterbacka is a f*cking tool. I can't wait until this one hit wonder cash river dries up and he has to sell at a fraction of the price. What a self-important prick.
Posted: Nov 28th 2011 1:49PM Kagiroi said
@A Sandwich
I know nothing about Vesterbacka - but according to the article, he refused not because of self-importance, but because he saw that the corporate culture in Zynga sucks.
Apparently, PopCap saw this as well, and saw fit to also refuse. Goes to show that a fistful of cash doesn't a relationship make.
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I know nothing about Vesterbacka - but according to the article, he refused not because of self-importance, but because he saw that the corporate culture in Zynga sucks.
Apparently, PopCap saw this as well, and saw fit to also refuse. Goes to show that a fistful of cash doesn't a relationship make.
Posted: Nov 29th 2011 3:02PM Genaldar said
@Kagiroi Popcap should care agbout corporate culture, they've made a string of great casual games (I don't know anyone who hasn't play a ton of at least one of the following bejeweled, bejeweled 2, peggle or plants vs zombies). Some of us have several versions of some of those games. On the other hand I only know a couple of people who kept angry birds on their phones for longer than 5 minutes.
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Posted: Nov 28th 2011 12:44PM neojames82 said
Two of the worst things in gaming that could have been united as one? That is a scary thought.
Posted: Nov 28th 2011 1:43PM Author X said
2.5 billion dollars isn't cool. You know what's cool? A zillion, bajillion dollars.
Posted: Nov 28th 2011 1:54PM birdizzle87 said
I suspect they'll be regretting this in a couple years if they continue as they are. Honestly, people have to get sick of Angry Birds and it's reiterations at some point... right? I was done about halfway through the first one.
Posted: Nov 28th 2011 3:44PM TexRob said
@birdizzle87 It wasn't even the first is the thing. I have played better versions of the same game.
That said, if this conjecture is true, that companies are turning down offers based off protecting their employees/brands, then that makes me happy. If true, it's quite cool, and quite rare to see.
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That said, if this conjecture is true, that companies are turning down offers based off protecting their employees/brands, then that makes me happy. If true, it's quite cool, and quite rare to see.
Posted: Nov 28th 2011 2:48PM fatguy88 said
Im pretty sure Rovio has no talent.
Posted: Nov 28th 2011 6:23PM ND92 said
2 billion for.. Angry birds? No really, what else has rovio made? I understand the appeal of the birds themselves but I found that game to be just okay.
Maybe I go into it expecting something amazing with all the success and look at it negatively.
Maybe I go into it expecting something amazing with all the success and look at it negatively.
Posted: Nov 29th 2011 2:55PM Genaldar said
What a dumb move. They made one ok game (there I said it) and some idiot offered them that much money and they said no? WTF.







