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Softbank lays out $150m in social games firm

03 Aug 2010
00:00
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Zynga and Softbank have put up a joint venture that will develop and distribute social games across Japan.

The new joint venture, Zynga Japan, brings together leaders in social games and consumer technology to offer new users the ability to play social games anytime and anywhere.

Also, Softbank has completed a $150-million investment in Zynga, which is headquartered in California.

The joint venture extends Zynga's reach to a wider global audience and marks the company's first foray into the rapidly growing internet and mobile market in Japan.

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