Israeli gaming company Plarium has been acquired by the Australian casino company Aristocrat, in a deal worth $500 million.
Founded in 2009, Plarium is a mobile, social, web-based game developer. It known for its various multiplayer online games such as Vikings: War of Clans, Terminator Genisys: Future War, Soldiers, Inc., Sparta: War of Empires, and Stormfall. The company is headquartered in Herzliya, Israel, with offices in Russia, Ukraine, UK, and the United States.
Aristocrat is seeking to expand into the mobile games sector in an attempt to diversify its business beyond gambling machines and casino games.
"Aristocrat has continued to deliver significant growth and outstanding results in our digital social casino business," said Aristocrat CEO Trevor Croker, as reported by gamesindustry.biz. "The acquisition of Plarium allows Aristocrat to expand our addressable market into logical adjacent segments in the fast growing mobile gaming market."
Read more: Gamesindustry.biz
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