Peak Games
Mobile gaming company based in Istanbul, Turkey
From Wikipedia, the free encyclopedia
Peak Games is a mobile gaming company based in Istanbul, Turkey. The privately held company was acquired by Zynga in June 2020 for $1.8 billion.[1][2] The company launched the games Toy Blast in 2015 and Toon Blast in 2017, both collectively have more than 12 million average mobile daily active users as of June 2020.[3]
| |
| Company type | Subsidiary |
|---|---|
| Industry | Mobile games |
| Founded | 2010 |
| Founder | Sidar Şahin, Safa Sofuoğlu |
| Headquarters | , |
Area served | Worldwide |
| Products | Toy Blast, Toon Blast |
| Parent | Zynga |
| Website | https://peak.com/ |
History and overview
Peak Games was founded by Sidar Şahin, Safa Sofuoğlu, Demet Mutlu, and Evren Üçok in October 2010. The company was founded as a mobile technology company that designed and developed casual puzzle games for Android and iOS platforms.[4] In 2017, Peak Games sold its mobile card games to Zynga for a reported $100 million. The acquisition included card games Spades Plus, Gin Rummy Plus and Okey Plus.[5][6]
According to a Harvard Business School case study, Peak Games was Europe’s third biggest grossing online gaming company with an audience of over 350 million users worldwide as of 2018.[7]
The company was backed by venture capital with a total funding of $18 million.[8] It was acquired by American social game developer, Zynga in a cash and share deal worth $1.8 billion in June 2020.[9] After the acquisition, Peak Games operates independently with its 100 employees.[10]