Playtech Acquires Casual Games Developer Funtactix

Online gambling technology giant Playtech announced on Tuesday so it has made another move towards bolstering its casual games providing by buying popular social and gaming that is mobile Funtactix. Information on the transaction have actually remained undisclosed.

Headquartered in ny, Funtactix also offers workplaces in Los Angeles, Tel Aviv, and Jerusalem, and it is understood for developing social and mobile games based on a amount of popular films and franchises, with Mission: Impossible and The Hunger Games being only number of these.

Aside from creating gaming that is in-house, the organization can be known for working with a number of entertainment leaders 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 major gaming games 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 part of Playtech’s technique to expand its existence regarding the casual games market and also to eventually establish it self as being a frontrunner into the industry. In 2014, the application giant launched its Plumbee social gaming unit. Read more →