Playtika Agrees To Acquire SuperPlay, A Mobile Gaming Company Based In Tel Aviv, Israel, For $700M, And Additional Contingent Consideration Of Up To $1.25B
Portfolio Pulse from Benzinga Newsdesk
Playtika has agreed to acquire SuperPlay, a mobile gaming company, for $700 million with additional contingent consideration of up to $1.25 billion. This acquisition is expected to bring an experienced team to Playtika and drive significant growth.
September 18, 2024 | 8:07 pm
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Playtika's acquisition of SuperPlay for $700M, with potential additional payments, is expected to enhance its growth by adding a skilled team with a history of successful game launches.
The acquisition of SuperPlay is a strategic move for Playtika, as it not only expands its portfolio but also brings in a team with a successful track record. This is likely to positively impact Playtika's growth prospects and investor sentiment in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100