The Wall Street Journal says that, with its $250 million in new funding, social gaming company Zynga could be worth as much as $7 to 9 billion — that’s “billion” with a B. An astounding number for the company behind the extraordinarily popular Facebook game Farmville. Zynga has a number of interests in the iOS space, including a Farmville app as well as the recent purchases of iPhone developers Newtoy and the studio behind Drop7.
Of course, that number is only an estimate of the company’s…
Area/Code’s Drop7 was one of the first big games on the App Store, and it was even recently featured in the iOS indie bundle sale over the holidays. But the developer probably can’t wear the indie label too proudly any more — the studio has been acquired by social gaming giant Zynga, and will be renamed “Zynga New York.”
In a blog post on the website, the company doesn’t really reveal what it’s working on next, but it sounds like social gaming on a large scale will…
Well how about this — Facebook and social game giant Zynga has bought up iPhone developer Newtoy, makers of the popular Games with Friends apps, including Words with Friends and Chess with Friends. Newtoy has now been rebranded as Zynga With Friends, and will apparently be working on new titles for Zynga in their own style. There’s no word on what kind of money changed hands, unfortunately, but Zynga is worth around $5.6 billion, so it has plenty to spend. This is that company’s…