Zynga valued up to $20B, IPO rumored soon

San Francisco-based Zynga Inc., which creates online games for mobile devices and sites such as Facebook, plans to file an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) expected to be as early as today, reports CNBC.
Some of Zynga’s most popular social gaming offerings include Farmville, Cityville, Frontierville, Mafia Wars, Zynga Poker and the new Empires & Allies. As Facebook’s largest games publisher, the company reports more than 215 million monthly users. To read more go here.