Zynga Sets to IPO, Valued at $15-$20 Billion

Zynga, the San Francisco-based social gaming firm is expected to initial public offering, which wants to rise between $1.5 billion and $2 billion. The filing could come as early as Wednesday.

Zynga has developed titles including Mafia Wars and FarmVille, which are available via Facebook, Yahoo Inc. (YHOO) and several other portals.

The expected Zynga IPO may come early this fall, on the heels of a midsummer SEC filing. Zynga is expected to see roughly $1.46 billion in revenue this year–roughly 80% of which will come from the sale of virtual goods in its games and credits, and about 20% from online advertising.

Zynga spokeswoman declined to comment on reports of the pending IPO.


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