Zynga Buys NaturalMotion For $527M, Cuts 15% Of Its Workforce

Zyanga has acquired NaturalMotion, the Oxford, U.K.-based gaming company behind franchises like CSR Racing and Clumsy Ninja for $391 million in cash and about 39.8 million shares of Zynga stock at yesterday’s price, leaving Zynga with about $1.2 billion in cash and marketable securities on hand. As a part of cost reduction, Zynga has also cut about 15% of its workforce, or about 314 employees. Link

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