Israeli cell video games large Moon Lively is buying Zen Match from Turkish developer Good Job Video games, along with the related Istanbul-based workforce.
As one of many fastest-growing cell recreation corporations wherever on this planet, this deal might be vastly vital for Moon Lively’s continued enlargement and as its portfolio continues to develop. Since its founding in 2011, Moon Lively has grown to a workforce greater than 2,000 robust throughout places of work in Israel, Ukraine, Lithuania, Poland, Romania and the UK.
The quantity was not disclosed however the deal is value an estimated $100 – $150 million with the income quantity round $100 million.
Moon Lively’s wildly profitable title Coin Grasp initially launched in 2015 and went on to be one in all eight video games to have generated greater than $1 billion in 2021. Knowledge analysts Sensor Tower additionally ranked Coin Grasp in fourth place for its earnings throughout the Google Play Retailer and the App Retailer, naturally incomes Moon Lively a spot in our High 50 Cell Recreation Makers.
Getting zen
Good Job Video games’ Zen Match launched simply over a yr in the past, in September 2021, and now has a couple of million lively every day customers. Between this and its standing as a pacesetter in join tile video games, Moon Lively’s potential attain by means of the sport might be huge.
“We’re very proud to collaborate with the gifted Zen Match workforce and stay up for working collectively to develop this nice product,” stated Moon Lively founder and CEO Samuel Albin. “These are very thrilling occasions for Moon Lively as we proceed to develop our present video games, develop new titles and additional broaden our portfolio by means of acquisitions of nice merchandise and gifted groups corresponding to Zen Match.”
“We’ve been following the thriving cell recreation trade in Istanbul for some time and we’re very comfortable to develop into part of a spot with such unbelievable expertise.”
Good Job Video games founder and CEO Ilker Ilicali commented: “It is a nice alternative for the expansion and success of Zen Match and its gifted workforce, who’ve labored onerous to make it one of the best join tile video games in the marketplace.
“We’re pleased with all that the Zen Match workforce has achieved and have little question that Moon Lively will present an incredible residence for them to proceed thriving. At Good Job Video games, we are going to proceed to deal with delivering enjoyable and memorable experiences for our gamers by means of top-quality merchandise.”
By November 2021, Moon Lively had accomplished a $300 million secondary funding spherical at a valuation of $5 billion.
