Zynga Acquires Challenge Games

Posted Jun 6, 2010

Social network gaming company Zynga has acquired Austin, TX based company Challenge Games.  The financial transaction rumored to be behind the deal is $20.5 million in stock.  Challenge Games is being renamed to Zynga Austin.  Challenge Games raised funding in the past from Sequoia Capital and Globespan Capital Partners. [TechCrunch]