Playtech Acquires Casual Games Developer Funtactix
On the web gambling technology giant Playtech announced on Tuesday it has made another move towards bolstering its casual games providing by purchasing popular social and mobile gaming studio Funtactix. Information on the transaction have remained undisclosed.
Headquartered in ny, Funtactix also has workplaces in l . a ., Tel Aviv, and Jerusalem, and is understood for developing social and mobile games based on a range popular films and franchises, with Mission: Impossible and The Hunger Games being only handful of these.
Apart from producing in-house video gaming titles, the organization can be known for dealing with a number of activity giants such as for example Lions Gate Entertainment and Paramount. Last year, Funtactix announced the launch of its publishing unit FTX Games, with all the latter being worried about posting major gaming games and linking third-party video gaming developers to holders of intellectual home.
The video gaming studio stated so it would remain focused on establishing FTX Games as being a leading games publisher and following latest announcement, it will now have the ability to do that supported by Playtech and its particular experience and resources for interior gaming development.
The deal that is latest comes as part of Playtech's technique to expand its presence in the casual games market and to ultimately establish it self as being a frontrunner in the field. In 2014, the program giant launched its Plumbee gaming division that is social.