Sophie Blake
SciPlay announced that it has acquired Ankara, Turkey-based casual mobile game developer Alictus in an all-cash transaction. The company is acquiring 80% of Alictus for $100 million in a cash payment that is not subject to financing.
Over the next five years, SciPlay will acquire the remaining 20% of Alictus in equal installments, which will range from, in aggregate, $0 to $200 million, with valuations based on specific revenue and profitability targets.
With the acquisition, SciPlay aims to rapidly expand in the casual market in the hyper-casual category and increase daily active users by approximately 1.8 million and monthly active users by around 28 million.
“We are incredibly excited to continue our expansion in the casual space and partner with a proven leader like Alictus that boasts an impressive, unique culture and an extraordinary track record of delivering chart-topping games,” said Josh Wilson, Chief Executive Officer of SciPlay.
Founded in 2013, Alictus best known for its titles including Candy Challenge 3D™, Rob Master 3D™, Deep Clean Inc.™, Oh God!™, Money Buster!™, and Collect Cubes™. The company has generated over 300 million total downloads to date, SciPlay says.
“Alictus has built one of the leading hyper-casual game businesses in the world, and together with my co-Founder and COO Ecem Baran, we are thrilled to be joining forces with SciPlay at this important point in our growth trajectory,” said Emre Taş, Alictus CEO and Co-Founder.
“With SciPlay’s best-in-class live services capabilities, data analytics platform and resources, we will be able to accelerate the development of hit games while attracting a whole new universe of players. Alictus’s culture builds on determination and progression, and I want to thank our team for their effort and dedication that made this partnership possible. I am confident that with SciPlay, our team will step up to create and thrive in our next phase of growth.”
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