Zynga, Inc. (NASDAQ:ZNGA) Leases Office Space in Maitland, FL

76ZNGA_chart.pngAccording to reports social gaming company Zynga, Inc. (NASDAQ:ZNGA) is now leasing a large office space in Maitland, Florida. Zynga stock closed 0.9% down yesterday, closing at $3.20 per share on its lowest volume for the past month.

According to a publication of the Orlando Sentinel, Zynga’s lease of a 5,200 square feet office facility has been confirmed by a real estate company. The location of Zynga’s new office on Maitland Center Parkawy is in close proximity to the offices of EA Sports, a division of game publishing mastodon Electronic Arts, Inc. (NASDAQ:EA).

The jobs section of Zynga’s corporate website lists openings for a Principal and a Senior Software Engineer, both in the Orlando, Florida area. The Orlando team of Zynga will be led by director of design Ian Cummings who worked on EA Sports’ Madden NFL franchise in the past.

ZNGA_logo.jpgZynga is still doing its best to catch up in mobile, after being displaced off the number one spot on Facebook by King Digital Entertainment (NYSE:KING)’s Candy Crush Saga, which then went on to dominate app stores as well. ZNGA‘s early 2014 acquisition of Clumsy Ninja dev NaturalMotion is universally regarded as a step in the right direction. Even though Farmville 2 is lagging behind King’s offerings in top grossing mobile app charts, it has secured a spot near the top.

Some may be quick to discard Zynga as a significant factor in mobile, fixating on King and Supercell only. It’s true that King stole the social and casual gaming spotlight but Candy Crush still has a way to go before it matches the sheer longevity of the original Farmville game and there’s no telling whether it will succeed in that effort.

Zynga shares are currently trading 0.9% up in the early session.

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