Zynga has confirmed that Softbank has invested $150 million in the company. The two companies will launch a joint venture called Zynga Japan to distribute social games in the Japanese market.
Zynga is a leader in social games and I am delighted to partner with them to introduce their social games to Japan, said Masayoshi Son, chairman and CEO of Softbank. We share the same vision as Zynga in social games and look forward to working together to create a social game powerhouse.
“We’re excited to partner with Softbank to bring Zynga’s social games to Japan and gain insights from the Japanese market,” said Mark Pincus, CEO and Founder of Zynga. “As one of the most innovative technology companies in the world, Softbank is bringing the mobile internet to consumers making the social web more accessible to people everywhere.”