Fri. Jun 14th, 2024

Mobile games platform Skillz is all set to use the Aarki’s advertising capabilities to expand its reach in the mobile gaming industry by acquiring the marketing platform for $150m.

Skillz has signed the agreement to fully acquire Aarki for $150m in cash and stock with the deal expected to get closed on third quarter of 2021.

As per Gambling Insider, Aarki CEO Levon Budagyan, said: “Joining Skillz will offer tremendous advantages to both the Aarki team and our customer community. Harnessing the combined power of our data science platforms will further increase our industry-leading performance marketing.”

Skillz CEO Andrew Paradise commented: “Aarki’s proven machine learning will pair with Skillz’s robust first-party data to create an unrivalled value proposition for game developers.

“The integrated ecosystem will unlock new points of connectivity between consumers, developers, and brands, pairing the right impression with the right user at the right time, all while delivering a superior user experience.”