Russian gaming giant Playrix acquires Ukrainian Boolat Games

Earlier this week Playrix, a global Russian-founded gaming giant, announced the acquisition of Ukrainian game studio Boolat Games. The terms of the deal were not disclosed. 

Launched 20 years ago, Boolat Games creates multi-platform free-to-play and adventure games. Different genres are available, from casual to hardcore: RPG, time-management, hidden objects, strategy, etc. The studio’s portfolio features dozens of games, including Decurse, Harvest Land, Lagsters, Topatoi, etc.

“Each of our projects features exquisite art style and innovative gameplay elements with emphasis on details, vivid lively colors, and a balance between engaging puzzles and touching stories,” boasts Boolat Games. “Designed with skill and imagination, our games captivate millions of players all over the world and get critical acclaim.” 

Several Ukrainian game studios were acquired by foreign players in the past years. Among them were Hologryph, purchased by American Tiny Build in November 2020, and 4A Games, sold to Swedish Embracer in August 2020.

In 2019, Playrix made another Ukrainia acquisition (Zagrava Games).

Focusing on free-to-play mobile games, Playrix is a major global gaming player born in Vologda, Russia, 16 years ago. Headquartered in Dublin, the company has offices in Moscow, Dublin, Almaty, Yerevan, Kiev (Kyiv), Vologda and a dozen other Russian and Ukrainian cities. The company is among the world’s three top game publishers by generated revenues — after Chinese Tencent and NetEase, but ahead of Group — according to App Annie data cited by VC.RU

Topics: Finance, Games, International, M&A, News
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