Last year Azur Games launched a program to invest in gaming companies. Now they announce the 30% share acquisition of the French studio Pinpin Team.
Founded in 2008, Pinpin Team initially launched an educational platform for children and introduced its first mobile game in 2014. The company released its first hyper-casual game, Golf Orbit, in 2017, which has been downloaded 10 million times. The company’s games have been downloaded over 80 million times.
We’ve been watching the studio for a long time and highly appreciate the team’s professionalism, so we proposed a strategic partnership. Our investment leverage and marketing expertise will help Pinpin Team to fully focus on developing new products and increase the company’s capitalization. In turn, we’ll gladly take over the publishing of all the company’s gaming projects.Dmitry Yaminsky, Azur Games co-founder
We are proud to have found the perfect partner to bring Pinpin Team to the next level. Azur Games’s expertise in mobile gaming, and more specifically in Hybrid Casual projects, will help us increase our knowledge in this field quickly and efficiently. Also, Pinpin Team will get strategic support from Azur Games to be self-publisher and grow faster.Géraud Paillard-Brunet, founder of Pinpin Team
Azur Games will continue to look for proactive and talented teams for long-term partnerships in a competitive market. Investing in partners is one of the company’s key directions at the moment.
Side note: Stratosphere Games has attracted new investments.