{"id":449370,"date":"2021-03-03T08:03:07","date_gmt":"2021-03-03T13:03:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=449370"},"modified":"2021-03-03T08:03:07","modified_gmt":"2021-03-03T13:03:07","slug":"zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\/","title":{"rendered":"Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position:inside; }\n.bwlistdisc { list-style-type: disc; }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Zynga Acquires Echtra Games Team Led by Developers of <i>Diablo <\/i>and <i>Torchlight <\/i>Franchises<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><i>Adds a talented development team with extensive cross-platform experience to Zynga <\/i><\/li>\n<li><i>Brings Echtra Games\u2019 proprietary cross-platform development tools and technologies<\/i><\/li>\n<li><i>Strengthens Zynga\u2019s development capabilities for future cross-platform projects<\/i><\/li>\n<li><i>The Echtra Games team will be developing a new, yet to be announced role-playing game (RPG) for cross-platform play, in partnership with Zynga\u2019s NaturalMotion studio<\/i><\/li>\n<\/ul>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nZynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, today announced that it has acquired Echtra Games, a cross-platform game studio composed of a development team whose core members have previously shaped the world of action role-playing games through their work on genre-defining titles including <i>Diablo<\/i>,<i> Diablo II<\/i>, the <i>Torchlight<\/i> franchise and more.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210303005013\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210303005013\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210303005013\/en\/861917\/4\/zynga_echtra_1080x1080.jpg\" alt=\"Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe Echtra Games team strengthens Zynga\u2019s cross-platform play future by adding talented developers with extensive cross-platform play experience as well as proprietary cross-platform development tools and technologies that have been built on top of the Unreal Engine. Specifically, the Echtra Games team will be developing a new, yet to be announced RPG for cross-platform play in partnership with Zynga\u2019s NaturalMotion studio.\n<\/p>\n<p>\n\u201cMax and his team at Echtra Games are responsible for some of the most legendary game properties ever created, and they are experts in the action RPG genre and cross-platform development. I\u2019m excited to welcome the Echtra Games team into the Zynga family,\u201d said Frank Gibeau, Chief Executive Officer of Zynga. \u201cThis acquisition will be instrumental in growing our iconic licenses and brands from mobile to PCs and consoles, while helping to further expand Zynga\u2019s total addressable market.\u201d\n<\/p>\n<p>\n&#8220;Echtra Games is delighted to be joining the Zynga family,\u201d said Max Schaefer, Chief Executive Officer of Echtra Games. \u201cWe share Zynga\u2019s vision that cross-platform play is an essential part of the future of RPGs and interactive entertainment and are eager to apply our vast experience and talents to this effort.&#8221;\n<\/p>\n<p>\nEchtra Games was founded in 2016 and is led by an experienced group of industry veterans. Max Schaefer and his leadership team co-founded companies such as Blizzard North, Flagship Studios and Runic Games, and have strong development experience on titles such as <i>Diablo<\/i>,<i> Diablo II<\/i>, the <i>Torchlight<\/i> franchise, <i>The<\/i><i>Sims 4 <\/i>and more. Echtra Games\u2019 veteran employees have worked with companies such as Blizzard, Disney, Electronic Arts, Runic Games, Kabam and Undead Labs. Echtra Games\u2019 development team has published and run live services on mobile, PC, Playstation 4, XBox One and the Nintendo Switch.\n<\/p>\n<p><b>Editor\u2019s note:<\/b><\/p>\n<p>\nKey art and assets available for use at the following link: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.dropbox.com%2Fsh%2Fzt2yw10epgmbol5%2FAAAER_7l74stge--9VocMcqPa%3Fdl%3D0&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.dropbox.com%2Fsh%2Fzt2yw10epgmbol5%2FAAAER_7l74stge--9VocMcqPa%3Fdl%3D0&amp;index=1&amp;md5=1a32edb2c9ae75f039610db842cde34d\">https:\/\/www.dropbox.com\/sh\/zt2yw10epgmbol5\/AAAER_7l74stge&#8211;9VocMcqPa?dl=0<\/a><\/p>\n<p><b>About Zynga Inc.<\/b><\/p>\n<p>\nZynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga\u2019s franchises including <i>CSR Racing<\/i>\u2122, <i>Empires &amp; Puzzles<\/i>\u2122, <i>Merge Dragons!<\/i>\u2122, <i>Merge Magic!<\/i>\u2122, <i>Toon Blast<\/i>\u2122,<i> Toy Blast<\/i>\u2122, <i>Words With Friends<\/i>\u2122 and <i>Zynga Poker<\/i>\u2122. Zynga\u2019s games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, U.K., Ireland, India, Turkey and Finland. For more information, visit<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.zynga.com&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=www.zynga.com&amp;index=2&amp;md5=885ecb6c7985289d1aab80198aca3eb4\"> www.zynga.com<\/a> or follow Zynga on<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fzynga%3Flang%3Den&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=a88eef8468ec97da0abcc8dfe3d578cf\"> Twitter<\/a>,<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fzynga%2F&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=Instagram&amp;index=4&amp;md5=87082ee39051bcc81ecbd51fba732fd3\"> Instagram<\/a>,<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FZynga%2F&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=e4faa542eb74525b044d75f7c8867c8a\"> Facebook<\/a> or the<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.zynga.com%2Fblog%2F&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=Zynga+blog&amp;index=6&amp;md5=a5f2c54030d260eba5eaf982c662e10c\"> Zynga blog<\/a>.\n<\/p>\n<p><b>About Echtra Games Inc.<\/b><\/p>\n<p>\nEchtra Games is a San Francisco-based game studio comprised of seasoned developers who helped shape the world of action role-playing games. The team was founded in early 2016 by Max Schaefer, co-creator of genre-defining game franchises like <i>Torchlight<\/i> and <i>Diablo<\/i>. A longstanding dream to revive the world of Torchlight inspired him to reunite some of the industry\u2019s best developers and create the studio\u2019s very first project, Torchlight III. To learn more, please visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.echtragames.com&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=www.echtragames.com&amp;index=7&amp;md5=5fba5883d0018c5784bd6944d69a305a\">www.echtragames.com<\/a>.\n<\/p>\n<p><b>FORWARD-LOOKING STATEMENT<\/b><\/p>\n<p>\nThis press release contains forward-looking statements, relating to, among other things, our business objectives and opportunities regarding cross-platform gaming and its expansion of our total addressable market, as well as future game development projects. Forward-looking statements often include words such as \u201coutlook,\u201d \u201cprojected,\u201d \u201cplanned,\u201d \u201cintends,\u201d \u201cwill,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201ctarget,\u201d \u201cexpect,\u201d and statements in the future tense are generally forward-looking. The achievement or success of the matters covered by such forward-looking statements involves significant risks, uncertainties, and assumptions. Undue reliance should not be placed on such forward-looking statements, which are based on information available to us on the date hereof. We assume no obligation to update such statements. More information about these risks, uncertainties, and assumptions is or will be described in greater detail in our public filings with the Securities and Exchange Commission (the \u201cSEC\u201d), copies of which may be obtained by visiting our Investor Relations website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.zynga.com%2F&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=http%3A%2F%2Finvestor.zynga.com&amp;index=8&amp;md5=06af2945afb938ef38971c81fd18a219\">http:\/\/investor.zynga.com<\/a> or the SEC\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2F&amp;esheet=52387253&amp;newsitemid=20210303005013&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=9&amp;md5=254373541df2bf77907fe5e4982dcb99\">www.sec.gov<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210303005013r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210303005013\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210303005013\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations:<br \/>\n<br \/>Rebecca Lau<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investors@zynga.com\">Investors@zynga.com <\/a><\/p>\n<p>\nMedia Relations:<br \/>\n<br \/>Sarah Ross<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Sarah@zynga.com\">Sarah@zynga.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Electronic Games Mobile Entertainment Technology Entertainment Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210303005013\/en\/861917\/3\/zynga_echtra_1080x1080.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises Adds a talented development team with extensive cross-platform experience to Zynga Brings Echtra Games\u2019 proprietary cross-platform development tools and technologies Strengthens Zynga\u2019s development capabilities for future cross-platform projects The Echtra Games team will be developing a new, yet to be announced role-playing game (RPG) for cross-platform play, in partnership with Zynga\u2019s NaturalMotion studio SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, today announced that it has acquired Echtra Games, a cross-platform game studio composed of a development team whose core members have previously shaped the world of action role-playing games through their work on genre-defining titles including Diablo, Diablo II, the Torchlight &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-449370","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises Adds a talented development team with extensive cross-platform experience to Zynga Brings Echtra Games\u2019 proprietary cross-platform development tools and technologies Strengthens Zynga\u2019s development capabilities for future cross-platform projects The Echtra Games team will be developing a new, yet to be announced role-playing game (RPG) for cross-platform play, in partnership with Zynga\u2019s NaturalMotion studio SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, today announced that it has acquired Echtra Games, a cross-platform game studio composed of a development team whose core members have previously shaped the world of action role-playing games through their work on genre-defining titles including Diablo, Diablo II, the Torchlight &hellip; Continue reading &quot;Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-03T13:03:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20210303005013\/en\/861917\/4\/zynga_echtra_1080x1080.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises\",\"datePublished\":\"2021-03-03T13:03:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\\\/\"},\"wordCount\":902,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20210303005013\\\/en\\\/861917\\\/4\\\/zynga_echtra_1080x1080.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zynga-acquires-echtra-games-team-led-by-developers-of-diablo-and-torchlight-franchises\\\/\",\"name\":\"Zynga Acquires Echtra Games Team Led by Developers of Diablo and Torchlight Franchises - 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