Home > Strategy > M&A > Zynga’s Rollic subsidiary acquires three studios

Zynga’s Rollic subsidiary acquires three studios

| By Robert Fletcher
Rollic, the Turkish games developer subsidiary of Zynga, has completed the acquisition of mobile game studios ByteTyper, Creasaur Entertainment and ZeroSum.

Financial terms of the purchases were not disclosed, but it was confirmed that all three studios will continue to develop original mobile titles in-house under the Rollic umbrella. 

The three studios have previously worked with Rollic, publishing games via the developer. 

ByteTyper is the studio behind Rollic’s Touchdrawn, while Creasaur Entertainment created Money Maker 3D and Hit Guys, and Zerosum Barista Life, Long Nails 3D and Off-Road Race.

“These studios create visually captivating, mind-teasing titles and we are excited to bring their creativity and technical skills into the Rollic family,” Rollic co-founder Burak Vardal said. 

“These acquisitions further our strategy of expanding our in-house network of innovative developers to support live services with ongoing creative updates, while also adding to our portfolio of inventive games.”

The treble acquisition comes just over a year after Zynga acquired a majority stake in Rollic in a deal worth $180m (£135m/€157m).

Last week, Zynga announced a net loss of $41.7m for the third quarter of its 2021 financial, despite also reporting record revenue and bookings for the period.

Revenue for the three months to September 30 reached $704.7m, up 40.0% from $503.3m in Q3 of 2020, while net loss was cut from $122.2m.

Subscribe to the iGaming newsletter