A year ago, fresh off raising $1 billion from an IPO and the $180 million acquisition of red-hot gaming company OMGPOP , Zynga’s Mark Pincus did an interview with talk of doing “a few” OMGPOP-sized deals in the next few years. But after a tough transition year and a more than 75 percent decline in the company’s share price, Zynga is speaking much more conservatively about its approach to acquisitions . Zynga had $1.65 billion in cash, short-term and long-term investments at the end of last year, representing one of the larger warchests in the gaming industry for acquisitions. “We’re going to be very disciplined in our approach and in making the right decisions,” said COO David Ko in an interview yesterday. He pointed out three pieces of criteria Zynga is looking at with respect to potential deals: 1) Would an acquisition help to accelerate the company’s existing franchises
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