Zynga is especially known for games such as FarmVille, Mafia Wars and Zynga Poker. Yesterday, The Wall Street Journal reported that the company is facing an IPO that could provide a market value of up to $20 billion, by selling shares for $1 billion. Today, Bloomberg says that the investment company GreenCrest Capital confirms that Zynga will file the application today. Morgan Stanley and Golman Sachs will be responsible for underwriter of the IPO.

Recently, a number of U.S. and foreign companies has entered the New York Stock Exchange. LinkedIn, Renren (China’s Facebook) and Yandex (Russia’s Google) achieved a very high price from day one, and the high level has remained. This was not the case for the online music service Pandora, which came on the market June 15. Discount coupon service Groupon have also applied for IPO. Facebook is expected to enter the market next year. The great interest in web companys has made a number of observers warn of a new “Dot Com bubble” .

Transactions conducted in the private stock exchange SharesPost appreciate Zynga to $15.4 billion. It is more than the listed competitors Activision Blizzard and Electronic Arts. Zynga has a solid economy, and analysts expect a turnover of $1.5 billion and a net profit of $500 million , this year.

(via digi.no)