Edit News: News/Phoenix Games Acquires PopReach Games India

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Content:	Phoenix Games announced the acquisition of PopReach Games India from Ionik. The company will pay $9.8m for the acquisition. The company is known for titles such as Smurf's Village, Smurf's Magic Match, Gardens of Time, Kitchen Scramble games, Kingdoms of Camelot, and War of Nations as well as the Brain Training app Peak. '''More:'''[[News/April 2024 Investment Recap in Esports and Gaming\|April 2024 Investment Recap in Esports and Gaming]] Phoenix Games has a number of studios under its helm notable studios such as Upright Games, Sixteen Tons Entertainment, Well Played Games, Smileygamer, and the latest addition, Canadian developer Sad Panda Studios, welcomed in November 2023. Jairaj NS, General Manager at PopReach Games India, stated, '''“I am excited about joining forces with the stellar team at Phoenix Games. This marks the beginning of an exciting journey we can't wait to embark on with Phoenix as our new home. This is great news for all the stakeholders, especially for the millions of our loyal players across the globe. I am happy we have found a new ideal home for our globally acclaimed games. This partnership enables us to continue pouring our hearts and souls into creating unforgettable experiences for our players worldwide and create value for stakeholders.”'''

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