Zynga acquires Peak for $1.8 billion - Business Insider

US casual gaming giant Zynga is buying Turkish mobile game developer Peak for $1.8 billion, the company confirmed Monday.

The cash-and-share deal will see Peak's 100-strong team and its portfolio of mobile game franchises join Zynga. Zynga name checked two franchises: "Toon Blast" and "Toy Blast" which have consistently ranked in the top 20 grossing iPhone games in the US over the last two years.Casual gaming firm Zynga will buy Turkish mobile game developer for $1.8 billion in a cash-and-share deal, the firm announced Monday.

The deal brings Peak's 100-strong team plus two successful game franchises, "Toon Blast" and "Toy Blast", to Zynga's roster.

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