Yahoo wasted little time following the $1.1 billion acquisition of Tumblr earlier this week as they've scooped up yet another company in an effort to further bolster their presence on the web. Yahoo is now getting into the gaming arena with PlayerScale - a company that builds software used by developers to scale games across multiple platforms.
PlayerScale CEO Jesper Jensen announced the acquisition on the company's website, noting that the service isn't going anywhere; the platform will continue to support the same titles they always have. Jensen said the goal has always been to help developers build the best possible games without having to worry about building and scaling the infrastructure. In working with Yahoo, it became apparent that the two companies share the same passion.
The four-year-old startup works with more than 4,000 games from more than 2,600 developers across the globe. At present, PlayerScale boasts over 150 million users worldwide and they are signing up more than 400,000 new users each day. Over the past four months, the company has increased their daily user growth rate by nearly 60 percent.
We're hearing that seven members from the PlayerScale team will be joining Yahoo as part of the acquisition. As is commonplace with deals like this, financial terms of the acquisition were not disclosed. But for Yahoo, it's another solid deal as the company appears dead-set on buying their way back into the discussion under CEO Marissa Mayer.