Description

Funtactix is a web-based gaming company that delivers microtransaction-based online games and virtual worlds. Tilting Point has acquired Plamee Studios and the assets of FTX Games from Playtech, expanding its portfolio of mobile games. The acquisition includes popular games such as Narcos: Cartel Wars and The Walking Dead: Free Casino Slots. Tilting Point will also own Plamee Studios, the developer of Narcos: Cartel Wars. The company aims to grow and improve the performance of these games. This is Tilting Points third acquisition in the past eight months, as it continues to expand its presence in the mobile game publishing and development industry. Tilting Point has a user-acquisition fund of $132 million and has helped promote over 80 games to date. The company is experiencing significant revenue growth and currently has 156 employees.