GamingPlaytika acquires mobile studio Innplay Labs

Playtika has acquired Innplay Labs, the mobile studio behind games such as Tiles of Fortune and Animals & Coins.

As reported by GamesBeat, Playtika will pay an upfront fee of $80 million to acquire the Israel-based studio, which could increase up to $300 million.

The Israel-based publisher acquired Innplay Labs to further bolster its presence in the luck battle genre and aims to provide long-term growth for the studio, including a rebrand of Animals & Coins.

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