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Keywords Studios Buys Gaming Social Platform For Undisclosed Sum

21st Feb 2019 10:44

LONDON (Alliance News) - Keywords Studios PLC on Thursday said it acquired Dutch-based gaming social platform, GetSocial BV, with the terms of the acquisition undisclosed.

Keywords provides technical services to the video game industry. It explained that GetSocial is a cloud-based software platform that provides a number of functions enabling game developers to manage social interactions between their game, their players and their friends' networks.

Among its clients GetSocial features mobile game companies Ubisoft Mobile Games, Sega, Truly Social Games and Kolibri Games.

GetSocial is currently in a development phase, but it is expected to become profitable during 2020, Keywords added.

GetSocial's team of 12 engineers plus Chief Executive Officer Jeroen Bouman and Chief Operating Officer & Founder Viral Patel will all join Keywords.

Keywords CEO Andrew Day said: "I am delighted to welcome the talented GetSocial team to the Keywords family. It extends our technology base further, bringing to Keywords a leading edge capability built around the social interactions of players in games, which we hope to promote more widely and develop further."

Keywords shares were up 0.2% at 1,108.00 pence each on Thursday.


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