SciPlay Corporation acquired Koukoi Games Oy

SciPlay Corporation acquired Koukoi Games Oy, a Finland software developer and mobile games operator. The Koukoi team will take care of a new casual game, considering that SciPlay's goal is to expand in the casual genre and to diversify their revenue strategy so as to obtain long-term growth and shareholder value.

Koukoi is located in Oulu, Finland, and is composed by a talented and diverse team that developed the hit title Om Nom Run, a game for mobile that has over 30 million downloads. Koukoi's casual mobile games are created with their proprietary technology platform and real-time multiplayer engines. Together with Koukoi's platform, SciPlay's "engine" will help SciPlay's to further expand in the casual gaming genre.  

 

 

"The strengths of the Koukoi team mesh perfectly with SciPlay's strengths and we're excited to welcome them to our Company," said Josh Wilson, Chief Executive Officer of SciPlay. "This is another step in the evolution of SciPlay as we continue to invest in future growth opportunities and build out our development pipeline. Together, we can build impactful evergreen games in the casual genre furthering our product and revenue diversification strategy."

This is the third acquisition achieved by SciPlay, which acquired Spice Rack and its popular game ™ in 2017, tripling its games revenue. Furthermore, last year the company acquired Come2Play, which is responsible for Solitaire Pets™ Adventure. The same model will be established to bring Koukoi into the existing portfolio.

 

"Our studio was founded on our passion to make casual mash-up games that blend successful attributes of multiple genres, appealing to broad audiences through engaging gameplay and deep meta storylines," said Antti Kananen, Chief Executive Officer of Koukoi. "We are thrilled to be joining SciPlay to take our games to the next level by taking advantage of their product and analytical rigor, user acquisition expertise and market scale."

The Koukoi Finland office joins existing SciPlay offices, such as Cedar Falls, Iowa, Austin, Texas, Tel Aviv, Israel, and Kiev, Ukraine. The transaction was completed on July 2, 2021, and financial details of the transaction are not being disclosed.

We’re curious to see the future of the company, and we expect great things from this new acquisition!

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