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Playtika completed a $25m investment in Ace Games.

Synopsis

Playtika, a mobile gaming entertainment and technology firm, completed a $25m investment in Ace Games, an operator of a mobile gaming company intended to make games. “Our investment in Ace Games is an important milestone in the execution of our new games investment strategy as Playtika continues to seek exposure to high-growth potential game IP in cost-effective ways. The talented team at Ace has built a best-in-class and innovative product on the ‘Match-3 and Meta’ game model. Playtika can greatly complement Ace with our LiveOps and Digital Studio capabilities, leveraging our enhanced monetization and game operations leadership in mobile gaming," Robert Antokol, Playtika CEO.

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