FarmVille-Maker Zynga Harvests New Crop: Acquires Newtoy, Its 7th Acquisition This Year

San Francisco-based developer Zynga is on a spending spree. The company, which is behind a slew of popular Facebook apps and mobile games such as FarmVille and Mafia Wars, pulls in an estimated $600 million in annual revenue, and recently was said to have passed gaming behemoth Electronic Arts in market valuation. Today, Zynga spent some of that capital by acquiring Texas-based developer Newtoy ...