Zynga Buys Beijing Social Game Co XPD Media
US-based social gaming company Zynga announced its entrance into Asia on May 20 with the acquisition of XPD Media, a Beijing-based social gaming company. Zynga did not disclose the terms of the acquisition.
Zynga operates social games including FarmVille and Mafia Wars on Facebook, MySpace, the Apple (Nasdaq:AAPL) iPhone and other platforms, and has more than 230 million monthly active users. Facebook and Zynga announced May 18 that they had entered a five-year strategic partnership for social gaming on Facebook.
Launched in early 2008, XPD Media currently has 40 employees and has received investment from True Ventures and Pilot Group, the announcement said. Under the terms of the partnership, XPD Media CEO Robin Chan will become Zynga’s general manager of Asian business development, and XPD Media Co-Founder Andy Tian will lead Zynga’s Beijing studio.
Zygna said in December 2009 that it had sold roughly $180 million of its securities to Digital Sky Technologies, the Russian global internet investment group that received investment from Tencent (0700.HK) last month. Tencent announced April 12 that it would invest approximately $300 million for a 10.26% stake in DST.

If you want edit me? just go to your profile than add description text as many you like. ^_*