Yesterday heralded the arrival of an unconfirmed (at least by the parties in question) rumor that Google has invested at least $100 million in social gaming giant Zynga. This investment would bring the total amount of venture capital raised by Zynga in the past year to around half a billion dollars. According to TechCrunch, the investment is just a first step in a strategic partnership between the two behemoths.
TechCrunch’s sources report that the deal will position Zynga as a cornerstone of Google Games, set to launch “later this year.” This would give Google Games a leg up as well as provide an easy avenue to attract social gamers. Assuming the news is true, Facebook may have more of a reason to worry about Google Games than they thought.
The report is still unconfirmed with neither Zynga nor Google commenting yet.