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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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Zynga, Preparing to Get an IPO

Written on June 29, 2011 by Lulu

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The company behind the smash hit games FarmVille and CityVille, Zynga, will file their IPO in preparation of their upcoming plans.

The company behind the hit games CityVille and FarmVille, Zynga, is preparing to file a registration documents with the SEC as early as Wednesday. The social gaming juggernaut company could have its IPO this coming fall.

According to a report from CNBC and GreenCrest Capital, Zynga is hoping to have a raise on their profits between $1.5 and $2 billion dollars. That scenario could put Zynga’s valuation to $20 billion.┬áBased on the GreenCrest notes, Zynga’s revenues for this year are trending toward the $1.5 billion mark. Its also operating with a profit margin of 40%.

Zynga had proven that they can repeat the success of their hit games FarmVille CityVille. The company also shown that they have great plans for the future with some smart acquisitions over the past months.

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