Playtech Acquires Casual Games Developer Funtactix
On line gambling technology giant Playtech announced on Tuesday it has made another move towards bolstering its casual games offering by buying popular social and mobile video gaming studio Funtactix. Details on the deal have actually remained undisclosed.
Headquartered in ny, Funtactix also has offices in l . a ., Tel Aviv, and Jerusalem, and is understood for developing social and games that are mobile for a quantity of popular films and franchises, with Mission: Impossible and The Hunger Games being only number of these.
Apart from producing gaming that is in-house, the company normally understood for using a number of entertainment giants such as for instance Lions Gate Entertainment and Paramount. This past year, Funtactix announced the launch of its publishing division FTX Games, utilizing the latter being concerned with publishing gaming that is major and connecting third-party video gaming developers to holders of intellectual property.
The gaming studio said it will now be able to do this supported by Playtech and its experience and resources for internal gaming development that it would remain focused on establishing FTX Games as a leading games publisher and following the latest announcement.
The latest deal comes as an element of Playtech’s strategy to expand its existence in the casual games market and also to fundamentally establish itself being a frontrunner within the industry. In 2014, the program giant launched its Plumbee social gaming unit.