Playtika Acquires Israeli Mobile Gaming Studio Innplay Labs In Deal Valued Up To $300M
Portfolio Pulse from Benzinga Newsdesk
Playtika has acquired Israeli mobile gaming studio Innplay Labs in a deal valued up to $300 million.
September 15, 2023 | 6:56 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Playtika's acquisition of Innplay Labs could potentially expand its gaming portfolio and increase its market share.
The acquisition of Innplay Labs by Playtika could potentially expand its gaming portfolio and increase its market share. This could lead to increased revenues and profitability, which could positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100