Zynga has added new Ferrari models to CSR2 in honor of the car maker's 70th anniversary.
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Zynga CEO: How the company is staying on the comeback trail

  • Posted byby Dean Takahashi
  • Updated
  • 8 min

Zynga hit its peak in stock price and revenues a while ago. But the San Francisco company is still a force in mobile and social gaming. Under the leadership of Frank Gibeau, a former Electronic Arts executive, Zynga has begun to turn the corner.

This week, the company reported its second consecutive quarter of net income, the first time it has done so since going public in 2011. That’s no easy task for a company that has more than 1,500 employees. Zynga also used part of its big cash cushion to acquire the casual mobile card games of Turkey’s Peak Games for $100 million. And Zynga also launched its Words With Friends 2 game for fans who want to take advantage of new features, all the while keeping the original for fans who want to keep playing that one.

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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.