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Tim O'Brien
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Games Industry
Scopely acquires majority stake in Pixel Flow developer Loom Games
Scopely has acquired a majority stake in Loom Games, the Istanbul-based developer behind the mobile title Pixel Flow. Pixel Flow has achieved over ten million players worldwide since its launch last year. This partnership aims to allow Loom Games to maintain creative autonomy while benefiting from Scopely's expertise.
Gamedeveloper.com
Scopely acquires majority stake in Pixel Flow! developer Loom Games
Scopely has agreed to acquire a majority stake in Loom Games, the developer behind the successful mobile title Pixel Flow!, for an undisclosed sum valuing the studio at over $1 billion. This acquisition aims to expand Scopely's portfolio and its presence in the EMEA region, while Loom Games will maintain creative autonomy.
