Search Results for: Mattrick

Microsoft’s Mattrick led 2010 Zynga acquisition talks insiders claim

Microsoft’s Mattrick led 2010 Zynga acquisition talks insiders claim

Microsoft explored acquiring Zynga as early as 2010, sources claim, with former entertainment division chief Don Mattrick driving discussions around the company he would, most recently, go on to lead as new CEO. Mattrick, who was named Zynga's chief executive in a multi-million job jump earlier this month, opened negotiations in 2010 with the social gaming company's founder Mark Pincus, sources tell Bloomberg, in what was believed to be an attempt to boost the range of titles on Xbox Live.

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Microsoft multi-million wearables grab for Osterhout Design Group rumored

Microsoft multi-million wearables grab for Osterhout Design Group rumored

Microsoft is reportedly close to acquiring key wearables patents from the Osterhout Design Group, a US military contractor and research specialist, in what's said to be a $200m deal to help take on Google Glass, Apple's rumored iWatch, and more. The purchase - which could consist solely of patents and assets, or may involve key staff or existing contracts Osterhout holds, TechCrunch reports - is yet to close, it's said, but has seen Microsoft "most aggressively" pursue the low-key firm against counter-interest from Google, Samsung, and LG.

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Zynga puts the kibosh on OMGPOP as woes increase

Zynga puts the kibosh on OMGPOP as woes increase

Modern times have not been kind to Zynga, the maker of online video games that once enjoyed wealth and prosperity as the top dog in the world of Facebook-centric games. Now others have arisen to fill the company's shoes (King of Candy Crush fame being one of them), and Zynga has been steadily suffering since. Gamers are losing interest in once-staples like Mafia Wars, FarmVille, and more, and once again the company has announced a closure.

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Zynga reportedly had three top executives resign in July

Zynga reportedly had three top executives resign in July

It is no secret that Zynga, maker of several popular Facebook games, has been having considerable financial trouble over the past months. Earlier this month, Microsoft's Don Mattrick went on to become the company's CEO, and following this three top executives have resigned from their position. The information comes from sources said to be familiar with the matter who spoke to Bloomberg.

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How much to turn around Zynga? Try $50m

How much to turn around Zynga? Try $50m

How much is turning around ailing casual game company Zynga worth? If you're ex-Microsoft Don Mattrick, the answer is a cool $50m. Details of Mattrick's reward package - starting with a $1m salary and climbing from there - have emerged courtesy of the SEC, with the former interactive entertainment business president taking home a $5m signing bonus, among other things.

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