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Zynga gobbling up OMGPOP

Update at 12:27 p.m. PT: Zynga has indeed acquired OMGPOP but didn't disclose terms. AllThingsD's Peter Kafka reported that Zynga paid $180 million plus another $30 million in employee-retention payments.

It's looking like all the rumors surrounding Zynga and OMGPOP were true.

Zynga has acquired OMGPOP for $200 million, All Things Digital is reporting today, citing unnamed sources. Zynga has not publicly confirmed that's the case and has declined CNET's request for comment, but the company plans to hold a call with journalists at noon PT to make a "news announcement."… Read more

Zynga rumored to acquire Draw Something maker OMGPOP

Rumor has it that game maker Zynga is in the running to buy the company OMGPOP, which makes the newest chart-topping game Draw Something.

If the acquisition goes through, it will be Zynga's biggest buyout to date, according the tech news site TechCrunch, which spoke to sources with direct knowledge of discussions between the two companies.

"Given that OMGPOP has raised around $17 million to date," TechCrunch reporter Kim-Mai Cutler wrote in an article speculating about the acquisition. "I'd expect the price for this deal to be in the $150 [million] to $250 million range.&… Read more

Draw Something lets you draw with friends

Draw Something (iOS | Android) offers turn-based gameplay that brings friends together as teammates to draw basic items (and sometimes more-complex ones) to see how long they can continue to guess each others' drawings correctly.

Once you've created a game with a friend through Facebook, Twitter, or by registering within the game, you're given three choices (easy, medium, or hard) of objects to draw that your friend will need to identify. Once your friend receives the drawing, he or she is given only a handful of available letters to use for the word (probably to make it a little … Read more

Mobile payment service Zong expands to subscriptions

Mobile payment start-up Zong is extending its product to include subscription-based services, the company announced Tuesday.

Gaming site OMGPOP and News Corp.-owned photo-sharing site Photobucket have signed on as launch partners.

So here's what this means: instead of entering credit card billing information, subscribers to OMGPOP and Photobucket can bill their subscriptions directly to their phone bills by entering their cell phone numbers and then responding to a confirmation code. Previously, the Zong service could only be used for one-at-a-time micropayments rather than subscription-based services.

With Zong's new development, which is currently available only on U.S. … Read more