The maker of games such as Bingo Blitz and Slotomania is buying 80% of Finland’s Reworks Oy for $400 million in cash, Playtika said Tuesday. The company can acquire the balance for as much as $200 million more in 2023, if earnings meet an agreed-upon target. If not, Playtika can buy the remaining ownership interest for $1.
Mobile-games company Playtika Holding Corp. rose in its trading debut after raising $1.88 billion in an initial public offering, the biggest listing ever by an Israel-based company.
Shares of mobile game company Playtika Holding Corp. rose 17% in their market debut, fueled by growth in the videogame industry and soaring demand for new share offerings.
Playtika , now valued at multiple billions of dollars, has rebranded itself around the phrase “infinite ways to play.”
Event’s 50th anniversary sees digital activism replace demos, due to coronavirus.
The World Health Organization (WHO) and the video game industry have teamed up on #PlayApartTogether, a promotional campaign that encourages healthy physical distancing by bringing special events, exclusives, activities, rewards, and inspiration to some of the most popular games in the world.
Israeli mobile developer Playtika has turned its resources towards helping vulnerable people during the coronavirus (COVID-19) pandemic.
Leading mobile games company, Playtika, announced today that it has completed its acquisition of Austria-based developer Supertreat GmbH. The announcement comes just a few weeks after the company acquired German puzzle and hidden object specialist, Wooga GmbH, and a little more than a year after it acquired Jelly Button Games Limited.