Playtech Acquires Casual Games Developer Funtactix

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 offering by buying popular social and mobile video gaming studio Funtactix. Information on the deal have actually remained undisclosed.

Headquartered in nyc, Funtactix comes with workplaces in la, Tel Aviv, and Jerusalem, and is understood for developing social and mobile games based on a wide range of popular movies and franchises, with Mission: Impossible and The Hunger Games being only number of these.

Apart from producing in-house gaming titles, the business is also understood for using a number of entertainment giants such as Lions Gate Entertainment and Paramount. This past year, Funtactix announced the launch of its publishing unit FTX Games, with all the latter being concerned with publishing gaming that is major and connecting third-party video gaming designers to holders of intellectual home.

The video gaming studio said so it would remain focused on establishing FTX Games as being a leading games publisher and after the latest statement, it’ll now be able to do that supported by Playtech and its own experience and resources for internal video gaming development.

The latest deal comes included in Playtech’s strategy to expand its presence in the casual games market and to fundamentally establish it self as a frontrunner into the industry. In 2014, the application giant established its Plumbee social video gaming unit.