Playtika to acquire Innplay Labs from vgames for $300m.

Playtika, a game developer that creates disruptive gaming experiences that reshape the gaming landscape, agreed to acquire Innplay Labs, an operator of a mobile game development studio, from vgames, a venture fund for game entrepreneurs, for $300m. "The acquisition of Innplay Labs, our second transaction this quarter, represents another strategic expansion of our portfolio with a promising and innovative growth franchise in the Luck Battle genre, and presents another opportunity for us to further utilize our expertise in leveraging LiveOps and proprietary technology to drive sustained, long-term growth. As a fellow Israeli-based company recognized for innovation, Innplay's talented team shares our culture of focus, speed and agility. We are excited to embark on this journey together and to rebrand Animals & Coins alongside Innplay,” Robert Antokol, Playtika CEO.