Sector
Media & Entertainment TechnologiesDigital Content Engagement & Entertainment
Target Customer
ConsumersRecreational & LifestyleGamers
Core Technology
Platforms & InterfacesMobile
Tags (4)
gamersmobile-gamesentertainmentgames
Innplay Labs Financials
Undisclosed
Capital raised
Cumulative Funding Raised Over Time ($)
—Aug 2019
—Feb 2022
—Jul 2020
—Jun 2022
—Mar 2021
Private Equity Funding
VGames (Lead)
,
TARGET CALIFORNIUM LIMITED
Simon Legziel, Kaedan Capital
Innplay Labs Lifecycle
Cumulative Funding Raised Over Time
—Aug 2019
—Feb 2022
—Jul 2020
—Jun 2022
—Mar 2021
All Events
VGames (Lead)
,
TARGET CALIFORNIUM LIMITED
Simon Legziel, Kaedan Capital
Innplay Labs News
2 articles
Playtika acquiring Israeli gaming studio Innplay Labs for $80 million | CTech
Playtika, an Israeli gaming giant, has announced its acquisition of Innplay Labs, a mobile gaming studio also based in Israel, for $80 million. The deal could potentially reach up to $300 million. Innplay Labs, known for its arcade and puzzle animation mobile games, is expected to reach new heights as part of Playtikas portfolio. This acquisition marks Playtikas second transaction this quarter, indicating a strategic expansion of its portfolio. However, it was also revealed that Playtika laid off 610 employees last December, which accounted for 15% of its workforce.
AcquisitionLayoffs
Playtika to acquire Innplay Labs for up to $300m
Social gaming developer Playtika has agreed to acquire Israeli mobile gaming studio Innplay Labs for up to $300m. The deal includes an initial payment of $80m, with the final price potentially being higher. Innplay Labs, founded in 2019, has received investment from several parties including Vgames. The acquisition is part of Playtikas strategic expansion of its portfolio. This is Playtikas second transaction this quarter, having previously agreed to acquire the Youda Games portfolio from Azerion for €81.3m. Playtikas Q2 results showed a 2.5% YoY revenue drop to $642.8m, but a 340.5% increase in comprehensive net profit to $90.3m.
AcquisitionInvestment
Innplay Labs Team
Ore Gilron
Co-founder & CEO
Founder
Oshri Bienhaker
Co-founder & CTO
Founder
Employee Info
| Employees (range) | 11-50 |
| Exact count | 34 |
| Team members | 2 |
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