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Saturday, May 28, 2011

Zynga Ready to "Go Public" on June 2011

  SAN FRANCISCO, KOMPAS.com - Zynga, the largest game maker up, the possibility of preparing a document to hold an initial public offering in late June 2011 for scooped up money from investors who are fond of stocks of social media.

One source familiar with the plan mentions, Zynga has met with representatives of Morgan Stanley and Goldman Sachs Group Inc. Zynga was already almost chose an investment bank to assist the preparation of initial public stock offerings (initial public offering / IPO). Zynga and other Internet companies seem ready to sell shares to the public after a successful IPO social network LinkedIn floor.

"I think, every private company IPO LinkedIn notice and think about what if I do it tomorrow?" said Bing Gordon, a partner at Kleiner Perkins Canfield capital firms & Byers. Gordon who sits on the board of directors Zynga declined to comment in more detail about the IPO plan.

Zynga gaming companies ranked second most expensive in the United States after Activision Blizzard Inc. Zynga has 247.8 million active users per month on up. Zynga has three out of four of the top applications on Facebook, which is CityVille, Farmville, and Texas Holdem Poker.

Currently, the company's music service Pandora Media Inc. has entered a document to sell shares to the public. Similarly, an online vacation rental site HomeAway Inc.. Internet companies from China, Cloudary Corp., also announced plans for an IPO in the United States.

Yandex NV, search engine companies from Russia, the New York Stock Exchange floor on Tuesday. On the first day of trading, the company's stock price also known as Russia whose Google is up 55 percent. In the IPO, Yandex announced funding of 1.3 billion U.S. dollars.


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