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DST Yuri Milner invest $ 180 million in developer's Mafia Wars and FarmVille

July 9, 2010

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FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 9, 2010 -- The Russian company Digital Sky Technologies (DST), headed by Yuri Milner, has

invested $ 180 million in the company Zynga, a developer of games FarmVille m

Mafia Wars , which are played by millions of users of social network Facebook.

About this newspaper New York Times.

The volume of shares Zynga, which buys DST, was not disclosed. Experts in such

transactions reported publication that Zynga could reasonably expect the price

of package, based on market capitalization, in 2,5-6 times the revenue.

According to Zynga, its annual revenue is about $ 250 million and continues to

grow rapidly.

Zynga is the developer of the three most popular among users of social networks

like Facebook and MySpace online games - is Cafe World (virtual restaurants),

FarmVille (virtual farm) and Mafia Wars. (Detailed history of company Zynga)

DST is based entrepreneurs Yuri Milner, and Gregory Finger, 35% of the company

owned by billionaire Alisher Usmanov. DST monitors social network "Schoolmates",

as well as Russia's largest email service Mail.ru (this company has recently

bought a holding manufacturers online games Astrum Online). In addition, DST

owns 25% minus 1 share of social network "in contact". So far, the largest

foreign investment DST was buying for $ 300 million 3.5% stake in social network

Facebook.

Entering into a partnership with Zynga, DST significantly increases the rate at

online games. "People did not believe that the Chinese model of micro-games and

social networks effectual, - quotes Milner New York Times. - But I am convinced

that the market expects a rapid rise in the Western Hemisphere.


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