Israel-based cell video games firm Playtika has submitted a confidential submitting for an Preliminary Public Providing (IPO) on Wall Road. The corporate stated it had not but selected the dimensions of the providing however “Reuters” reviews that Playtika will attempt to increase $1 billion at an organization valuation of $10 billion.
Playtika was based in 2010 by CEO Robert Antokol and Uri Shahak. It was acquired the next yr by US firm Caesars Interactive Leisure for $130 million and bought from them in 2016 by a Chinese language consortium for $4.Four billion.
Headquartered in Herzliya, Playtika has places of work in 11 different international locations. The corporate has 4,000 staff worldwide together with 800 in Israel.
The corporate claims to have over 27 million month-to-month lively customers, and is understood for its casino-themed video games and apps for poker and solitaire.
Printed by Globes, Israel enterprise information – en.globes.co.il – on October 18, 2020
© Copyright of Globes Writer Itonut (1983) Ltd. 2020