It looks like Zynga is getting ready to file its initial public offering (IPO), according to a recent report by All Things Digital, and it is expected to file with the Securities and Exchange Commission some time this week or next week.
Zynga was recently valued at around $10 billion when it received its last round of funding, although its price is expected to be higher when the IPO launches, and Zynga are obviously hoping to see the same sort of success as the recent Linked In filing.
According to Zynga over 250 million people play its various games each month which include popular titles like Farmville and Cityville which is its largest game at the moment with more that 90 million monthly users.
Zynga generated around $850 million in revenue last year with a profit of around $400 million, and the company now has more than 1,500 full time employees in six countries around the world.
Source All Things D
Filed Under: Gaming News, Technology News