Playtech Acquires Casual Games Developer Funtactix
On the web gambling technology giant Playtech announced on Tuesday that it has made another move towards bolstering its casual games providing by buying popular social and mobile video gaming studio Funtactix. Details on the deal have remained undisclosed.
Headquartered in ny, Funtactix has also offices in la, Tel Aviv, and Jerusalem, and it is known 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.
Apart from creating in-house video gaming titles, the company is also understood for working together with a number of activity leaders such as Lions Gate Entertainment and Paramount. Last year, Funtactix announced the launch of its publishing division FTX Games, using the latter being concerned with publishing major video gaming games and linking third-party gaming designers to holders of intellectual home.
The video gaming studio said it would remain focused on establishing FTX Games as being a leading games publisher and following latest statement, it will now have the ability to do that supported by Playtech and its experience and resources for interior gaming development.
The deal that is latest comes as an element of Playtech’s strategy to expand its presence in the casual games market and also to eventually establish itself as a frontrunner into the field. In 2014, the application giant established its Plumbee social video gaming division. Read More