Zynga acquires ex-exec's new company Rising Tide Games

Zynga acquires ex-exec's new company Rising Tide Games

Zynga has acquired a social casino studio that was founded, once upon a time, by former Zynga executive Maytal Olsha.

Rising Tide Games was founded in 2014 by Olsha, Stuart Zoble, Andrew Sega and Peter Franco – who will all now join Zynga.


"We are excited to welcome the deeply talented Rising Tide Games team to Zynga, as we continue to expand our Social Casino game offerings," said Zynga CEO Mark Pincus.

"Zynga has a long history in the Social Casino space, as Zynga Poker is the original social game and remains the world's largest free poker game. We look forward to our Poker and Slots teams continuing to deliver games that delight our players."

Olsha previously held the position of head of social slots and RMG at Zynga, before founding Rising Tide and gaining investment from Raine Ventures and Entrée Capital.

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Meir Moses
This is a complete joke. Zynga have had years to acquire competent and proven content and platform providers. Instead they wasted every single developers time out there doing 'due diligence' and never making any moves. They didn't want to touch HTML5 because their 'developers didn't like it'. They couldn't identify a decent product if it bit them on the nose. And now they buy a start-up from an ex-employee that is barely a year old - an exec who was frankly great at spending loads of money in their fancy offices surrounded by people who barely understood casino. Questions should be asked why Maytal was unable to attract and develop decent games in the first place and why she should be rewarded in this manner? I would be very skeptical as an investor.
Attila Bihari CEO at THX Games
Any idea on transaction size?
jon jordan
Not at the moment, but it's likely Zynga will reveal something about this in its next quarterly earnings.