May 24, 2011 / 11:15 PM / 8 years ago

Zynga close to filing for $10 billion IPO: report

(Reuters) - Zynga Inc could file for an Initial Public Offering with regulators as early as this week, AllThingsD reported citing sources.

The company, known for games, including FarmVille and Mafia Wars, would engage Goldman Sachs among the lead bankers for the offering, the website reported.

Zynga could file with the U.S. Securities and Exchange Commission this week or, at latest, by next week, the blog said.

Zynga, which is privately held, has expanded rapidly through small acquisitions at the rate of about one a month in the past year as it seeks to dominate the casual gaming market and expand internationally.

The tech blog said Zynga would price itself higher than the $10 billion it was valued at in its latest round of funding.

Reporting by Himank Sharma in Bangalore; editing by Andre Grenon

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