Electronic Arts recently splurged on social gaming developer Playfish; but they themselves have now reportedly been eclipsed by the biggest player in the emerging industry — Zynga.
Bloomberg is reporting that the FarmVille and FrontierVille developer has surpassed EA with a value of $5.51 billion according to SharesPost. EA is worth roughly $5.22 billion on the Nasdaq.
EA continues to be hit hard by the slumping economy, with shares dropping some 6.3 percent. Zynga’s value has more than doubled in the same period.
