Shortly after the new buyout reports, one of Playtika’s key shareholders sold part of their stake in the company. As a result, the Israeli mobile publisher’s share price fell.

Playtika has attracted some interest from buyout firms, according to the latest report. The Israel-based mobile publisher might be the subject of a takeover, though no agreement has yet been reached.

Playtika has released a report for the fiscal year ended December 31, 2022. The Israeli publisher has also decided to temporarily suspend its game development pipeline, which means no new launches in the near future.

A major acquisition in mobile gaming is looming on the horizon. Israeli giant Playtika has made an offer to buy Finnish developer Rovio, best known for the Angry Birds franchise. 

Playtika has carried out a new round of layoffs, the second one this year. The Israeli mobile publisher is now cutting 15% of its headcount as part of a broader restructure.

Israeli mobile publisher Playtika has decided to close three in-house studios. As a result, the company will lay off 250 people and cancel all games that were in development.

Consulting firm Games One has shared a list of the highest-paid gaming CEOs. Activision Blizzard’s Bobby Kotick made it to the top-3, earning more than CD Projekt, Ubisoft, and EA leaders combined.

Playtika is being investigated by the Law Offices of Howard G. Smith on behalf of the gaming company’s investors. They are concerned about possible violations of federal securities law, as the company’s financial results once again missed consensus estimates.

Wooga founder and CEO Jens Begemann is leaving the compnay after 11 years.

Playtika decided to support vulnerable people amidst the ongoing health crisis, Gamesindustry.biz writes.