Casual mobile games company Tripledot Studios has acquired Get Color developer Zephyr Mobile for an undisclosed fee, PocketGamer.biz can reveal.
The studio was founded in 2016 by Serge Morozov with investment backing from Skalaban Capital founder Alexander Skalabanov.
It’s best known for games such as Get Colour, Hey Colour and Math Crossword and claims its titles have reached more than 100 million people.
The company currently employs 55 staff across its Warsaw HQ and other cities in Eastern Europe.
Zephyr Mobile CEO Serge Morozov will continue running the studio’s day-to-day operations. Terms of the deal were not disclosed.
Scaling up
Tripledot Studios has published games such as Woodoku, Solitaire and Triple Tile. In its last Series B funding round in 2022, the company raised more than $116 million at a $1.4 billion valuation.
Last year, the studio won the accolade for Best Developer at the Pocket Gamer Mobile Games Awards 2023.
“We have been big fans of what Zephyr has been building for a long time, and are delighted to get a chance to partner with Serge and the team,” said Tripledot Studios CEO Lior Shiff.
“With M&A it’s crucial to find a partner who aligns with our culture and values, and with Zephyr, I think we pretty much hit the perfect spot.
“Creating several hit games is not a small feat, and we are excited to help the Zephyr team get these games to a huge scale, using our platform and capabilities.”
Zephyr Mobile CEO Serge Morozov added: “I have always viewed Tripledot as the best operators in the business. When the chance presented itself to partner with them, I couldn’t turn it down. We are so excited to see how Tripledot can help us reach our full potential, and help create many other everlasting franchises.”
“Continued consolidation”
Tripledot Studios co-founder and president Akin Babayigit commented: “Our continued growth and experience in scaling not just one but several titles is a culmination of many years of experience and know-how in mobile games, as well as a state of the art technology platform that we have built. We look forward to using these to help Zephyr grow their business to new heights.
“We believe that the games market as a whole, and mobile games in particular remains misunderstood and we believe there is a lot of opportunity for continued consolidation in the future”.
We recently caught up with Tripledot Studios president and co-founder Akin Babayigit on the PocketGamer.biz Podcast. You can watch the interview on YouTube below.
