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Report: Zynga taking $147m investment from Softbank

Stuart Dredge
Report: Zynga taking $147m investment from Softbank

Could fuel bigger mobile push for its social games.

Social games giant Zynga is taking a $147 million investment from Japanese telco Softbank, according to a report in Business Week.

Citing two people familiar with the deal, the report claims that mobile will play a key role in the partnership between the two companies:

"Softbank and Zynga have discussed distributing and jointly promoting games through Softbank’s mobile-phone service in Japan and other countries..."

Zynga announced its latest iPhone game last week during Apple's WWDC keynote - it's bringing Facebook hit Farmville to Apple devices.

The company isn't new to the App Store though: it launched several games including Live Poker in the early days of the App Store, before stepping back to focus on its online growth.

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