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Zattikka Acquires Sneaky Games -- Sets Stage for Significant Growth(May 03, 2012)
AUSTIN, TX -- (Marketwire) -- 05/03/12 -- Sneaky Games (www.sneakygames.com), a leading publisher of social games based in Austin, Texas, is pleased to announce that it has been acquired by Zattikka plc, the London-listed social and casual internet games development and publishing company. This transaction is the first stage of an ambitious strategic growth initiative to expand Zattikka's profile in North America, and more specifically, develop its operations in Central Texas.
Zattikka, who recently listed on the London Stock Exchange's AIM market, acquired, as part of its Initial Public Offering (IPO), Sneaky Games, in conjunction with two other private businesses, Swedish firm Hattrick and San Francisco and Shanghai-based Concept Art House, for an undisclosed price.
The acquisition also represents an exit for Austin-based Liahona Ventures, investors in the company since 2010.
As highlighted within Zattikka's IPO statement, the Sneaky Games acquisition is seen as an excellent opportunity to combine social game development and direct marketing expertise with relationships in the gaming industry. The Sneaky Games team has built an excellent reputation in the social games space, having developed and launched a portfolio of three games specializing in the mid-core fantasy role playing genre.
Mark Opzoomer, Zattikka's chief executive officer, commented:
"We are delighted to welcome the Sneaky Games team into our Group. Sneaky Games represents a great opportunity to accelerate the growth of Zattikka in social network games as we work to build a world-class games entertainment group."
David Godwin, CEO of Sneaky Games, added:
"Today's announcement is another exciting development in our short history and we look forward to forming a close working relationship with Zattikka as they look to set up their technology and development headquarters in Austin, creating new jobs in the near future. Zattikka views Austin as a center for technology-related talent, where it believes they can find the right people to facilitate and execute on its growth strategy."
About Sneaky Games
Sneaky Games is a social game studio that specializes in creating and running free-to-play games. Its team is experienced in developing games on Web, social, and mobile platforms. The company's focus is to create engaging game-play experiences that are infused with high-quality, creative graphics. Sneaky Games was acquired in April of 2012 by Zattikka plc, the London-listed social and casual internet games development and publishing company. Among Sneaky Games' flagship games are Fantasy Kingdom, Vampire Legacy, and Syfy Monster Island.
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