Playtech bolsters casual games offering with acquisition of developers Funtactix

Online gambling technology provider Playtech has boosted its casual games offering by acquiring social and mobile game studio Funtactix.

On Tuesday, Playtech announced it had completed its acquisition of Funtactix, which has carved out a niche developing social and mobile games based on Hollywood film properties. Terms of the deal weren’t disclosed.

In addition to releasing its own in-house game titles, Funtactix has content deals with a number of entertainment conglomerates, including Paramount and Lions Gate Entertainment. In 2015, Funtactix launched FTX Games, a publishing division aimed at marrying intellectual property holders with third-party game developers.

Funtactix, which is headquartered in New York and has offices in Los Angeles, Jerusalem and Tel Aviv, has developed games based on the Power Rangers franchise and films including The Hunger Games, Mission: Impossible, Hot Tub Time Machine, Rocky and the FX television series The League.