First Acquisition Since Recent Financing, Live Play Mobile to Enhance Tripledot Portfolio, Build Market Leadership in Live Hosted Games on Mobile
March 17, 2022
[This unedited press release is made available courtesy of Game Developer and its partnership with notable game PR-related resource Games Press]
Author: Tripledot
LONDON, March 17, 2022 - Leading mobile game developer and publisher Tripledot Studios has acquired the innovative game company, Live Play Mobile, which combines live TV formats with mobile games. The acquisition comes on the heels of Tripledot’s recent $116M Series B financing, with a valuation of more than $1.4 billion, raised for M&A.
California-based Live Play Mobile is best known for its inventive 24-hour-a-day, live-hosted mobile entertainment app, Live Play Bingo With more than 30 game show hosts broadcasting live, non-stop from its studios in Hollywood and London, Live Play Bingo has been on air since its launch in 2020.
“We have followed Live Play Mobile since its inception and we believe in their vision of creating a new hybrid gaming category combining live entertainment with games that everyone loves to play,” said Lior Shiff, co-founder and CEO, Tripledot Studios. “Live Play Bingo is an incredibly compelling product, well positioned to disrupt its genre, and we are excited to amplify it with Tripledot’s proven ability to scale games using our know-how around user acquisition, monetisation and data-driven product management.”
“Live Play Mobile is innovating how games are played, with the largest audiences in mind,” added Shiff. “This is a perfect example of a company that fits in our expanding portfolio.”
“From our initial conversation about joining forces, we immediately realized the power of combining Live Play Mobile's truly differentiated games with Tripledot’s world class operational capabilities,” said Stuart Lewis-Smith, founder and CEO, Live Play Mobile. “With Tripledot, we will scale this completely new category that merges live hosted entertainment with popular casual game formats and bring it to global audiences.”
Live Play Mobile’s team of more than 50 across four global offices in the Bay Area, Los Angeles, London and Eastern Europe will continue to be led by Stuart Lewis-Smith and chief content officer Geremie Camara, and operated as an independent studio.
Tripledot Studios, founded in 2017, is one of the fastest growing mobile games businesses in the world, having tripled its revenues last year and with its hit games titles, Woodoku and Solitaire now reaching more than 30 million monthly active users.
Live Play Mobile and Tripledot share values of innovation, disruption and twists on popular genres, as well as the rigor around evolving games with players, and building long term businesses to address the more than $30 billion casual games market with their highly scalable model.
About Live Play Mobile:
Live Play Mobile Inc is a gaming platform sitting at the intersection of social games, live streaming and linear TV, dedicated to bringing people together through real human interactions. The company is headquartered in San Francisco, with broadcasting studios in Los Angeles and London, and development offices in Eastern Europe. To learn more about Live Play Mobile, please visit liveplaymobile.com.
About Tripledot Studios:
One of the fastest growing mobile games companies in the world, Tripledot was founded in 2017 by three games industry veterans Lior Shiff, Akin Babayigit and Eyal Chameides. With more than 200 people across several studios in London, Barcelona, and Eastern Europe, Tripledot uses data-driven decision making to create chart-topping titles like Woodoku, and Solitaire, reaching more than 30 million people each month. Tripledot was recently named “Fastest growing Tech Company in the U.K.” in the annual U.K. Tech Awards, by PwC. For more information on Tripledot Studios, visit www.tripledotstudios.com.
You May Also Like
