Zynga said Monday that it bought A Bit Lucky in an attempt to rally interest from stockholders amid a steady decline in the price of its shares.
The terms of the deal to buy the "mid-core" game developer — meaning it appeals to moderately active gamers — were not disclosed, though the company's 20-plus member team had raised only $8 million through its three-year history.
The whole team of employees will remain on Zynga's payroll.
"After exploring various options and talking to a lot of interested partners, Jordan and I are convinced Zynga is the best choice for us," Federic Descamps, CEO of A Bit Lucky, said in a statement.