Zynga Closes Up OMGPOP

Struggling social gamer Zynga  (NASDAQ: ZNGA  ) recently shuttered its OMGPOP site along with most of its titles. The company is still hanging on to Draw Something, which was the driving force behind the acquisition. Oddly, former OMGPOP employees had reportedly offered to buy some of these assets and intellectual property from Zynga, but to no avail.

In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss Zynga's controversial acquisition and some of the challenges that Zynga continues to face going forward.

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  • Report this Comment On August 12, 2013, at 2:04 AM, Texasrecurve wrote:

    Hmmmm, me thinks Don Mattrick is smarter than both of you put together x 1000. I'll stick by his decision.

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