Japanese gaming company DeNA is considering an acquisition of San Francisco-based ngmoco, we've heard from multiple sources. The price, says one source, is north of $400 million, although that probably includes a very large earnout. ngmoco specializes in iPhone/iPad/iPod social games. It has been called "Zynga for iPhone" and actually shares a board member with Zynga - Kleiner Perkins partner and former Electronic Arts executive Bing Gordon. One source says Zynga looked at ngmoco but "threw up a little" over the price and passed. Zynga did not respond to a request for comment, however. ngmoco has been on a tear lately. They recently raised a venture round from Google Ventures and have become serious about developing for the Android platform. The company has raised more than $40 million to date.
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