Zynga acquires Spooky Cool Labs

ZyngaZynga has acquired Spooky Cool Labs, a Chicago based game studio focused on developing real-money online slot games. Terms of the deal were not disclosed.

spookycoolZynga’s chief revenue officer Barry Cottle said, “We have a legacy in social casino franchises with Zynga Poker, and we believe that free-to-play social casino games for the Web and on mobile have the potential to reach and connect a much broader audience,”

Joe Kaminkow, founder of Spooky Cool, said “When we founded Spooky Cool Labs, we used to dream that someday we would be so good that an innovative company, like Zynga, would notice. Today is that day. We are proud to now be a part of the Zynga team and are confident that we bring a particular excellence in game development to the social casino genre. We are excited about our games which are fun to play and that include leading licensed content that resonate with players worldwide.”

The Spooky Cool team will stay in Chicago and work with Zynga’s San Francisco-based social casino gaming team. Joe Kamikow will work with Zynga as part of the company’s social casino team. However, he will also continue to lead game design at Aristocrat Leisure Limited, a land-based slots manufacturer based in Australia.

Earlier this month Zynga announced substantial cost reductions, including reducing its workforce by approximately 520 employees or approximately 18% of its global workforce.

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