free-to-play

Playtika announced an agreement to acquire Innplay Labs, an Israel-based mobile gaming studio for up to US$300 million after recently acquiring the Youda Games portfolio from Azerion Group. However, the company’s Q2 decline in revenue and guidance could highlight a challenging mobile gaming environment. [more]

Existing investor Supercell lends Helsinki developer Metacore €150 ($180) million to scale its mobile puzzle game Merge Mansion, currently booking revenue at an annualized rate of over $50 million. Gaming industry investment and M&A hit record levels in 2020 and continues to be strong in 2021. [more]