New York has seen many of its best gaming startups picked off: the European distribution company Nexway acquired Boonty (which had raised $10 million), Ngmoco claimed Brooklyn’s Freeverse, and Farmville-maker Zynga claimed Boston-based Conduit Labs, which had an office in New York.
To illustrate how hot social gaming is, Zynga’s value is now up to $5.5 billion, according to Bloomberg.
And there’s a fresh crop of Silicon Alley companies making waves in the social gaming space.
Check Out: New York’s Five Hottest Social Gaming Startups.
adrianne [at] observer.com | @adrjeffries
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