Israeli online game developer Playtika has agreed to acquire Tel Aviv-based gaming startup SuperPlay for up to $1.95 billion. Playtika will pay an upfront $700 million for the mobile gaming firm, with an additional consideration of up to $1.25 billion depending on financial targets. SuperPlay, founded in 2019, operates a game development studio and has created two online games. The acquisition is expected to strengthen Playtika's leadership in mobile gaming and drive growth with scaled titles.
image sourced from original article at https://www.timesofisrael.com/israels-playtika-to-snap-up-tel-aviv-gaming-startup-rival-for-up-to-1-95-billion/Original article source: https://www.timesofisrael.com/israels-playtika-to-snap-up-tel-aviv-gaming-startup-rival-for-up-to-1-95-billion/
Source Id: 2024-09-489953955
