The Largest Technology IPOs Of 2011

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Fremont: The year saw IPOs raise a total of $138 billion in 336 deals. Though it was a decline of almost 41 percent from that in 2010, but it has not deterred companies from going public. Here are the biggest technology IPOs of 2011.

Zynga

zynga, IPO, farmville, mafia wars, mark pincusZynga, the social gaming company offered its initial public offering with 10 million shares of Class A common stock at a price of $10 per share, raising a whopping $ one billion in December 2011. The IPO is stated to be one of the largest web-related IPOs. The company had a valuation of $ seven billion before it went public. The company banked on Facebook with its community games Farmville, Mafia Wars, and many more, and has over 227 million active players.

The IPO saw Morgan Stanley, Goldman Sachs playing the role of underwriters. Founded in 2007 by Mark Pincus, Eric Schiermeyer, Scott Sherman, Michael Luxton, Justin Waldron, Andrew Trader, and Steve Schoettler, the company has raised a total of $1.35 billion from venture capitalists.

 



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