Report: Zynga offered $1 billion cash to acquire PopCap

by Alexander Sliwinski on Jul 14th 2011 1:30PM

Forbes reports that Zynga once had its eyes on PopCap Games, and offered $1 billion in cash for the company. The Forbes source says that the company would have funded the deal with a line of credit from Goldman Sachs, one of the underwriters of the 'Ville-maker's IPO.

The Forbes report reiterates some of the details from a TechCrunch report in June, which noted that China-based Tencent (which owns League of Legends dev Riot Games) was also in the mix.

In the end, PopCap Games was acquired by Electronic Arts, for $750 million and another $550 million in performance payouts.

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