Zynga paid $1.8 billion to acquire Peak Games in Turkey.
Zynga paid $1.8 billion to acquire Peak Games in Turkey.
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CEO Frank Gibeau: Why Zynga bought Peak Games for $1.8 billion

Zynga acquired Peak Games for $1.8 billion today, making it the biggest acquisition in the company’s 13-year history. Under the deal, Zynga bought the rest of Istanbul-based Peak Games that it didn’t buy in 2017, when the purchase price for Peak’s casual card game studio was $100 million.

“The company is a fantastic company,” said Zynga CEO Frank Gibeau. “We got to know them all the way back from the casual card acquisition in 2017. And finally, we got together.”

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.