Tencent in talks to acquire Playtika’s SuperPlay for up to $1.5 billion
Article excerpt
Highlighted: the sentence this signal was extracted from
The Chinese gaming giant is eyeing an Israeli mobile studio that Playtika bought less than two years ago for $700 million upfront Share Tencent is in exclusive negotiations to buy SuperPlay, the Israeli mobile gaming studio owned by Playtika, in a deal valued between $1 billion and $1.5 billion. If it goes through, Playtika would be flipping an asset it acquired in September 2024 for a hefty premium, while Tencent would be adding another jewel to what is already the world's largest gaming portfolio. Playtika originally picked up SuperPlay for $700 million upfront, with potential earnout payments that could push the total acquisition cost to roughly $1.95 billion to $2 billion based on the studio's performance through 2027. Selling now at the reported range would effectively let Playtika offload those looming earnout obligations while still pocketing a meaningful return on the initial cash outlay. SuperPlay was founded in 2018 and operates out of the Tel Aviv and Rosh HaAyin area. The studio made its name with Dice Dreams and Domino Dreams, two casual mobile titles that carved out a loyal player base in the notoriously crowded app store ecosystem. When Playtika acquired SuperPlay in late 2024, the deal was framed as a strategic push to strengthen its casual gaming portfolio. The earnout structure built into the original deal tells you something important about expectations. A...
Keep reading with a free account
The rest of this article, and every signal for Tencent, is in your free account.
