diwip
Social Casino Game Developer
Company Overview
Snapshot
Founded in March 2010 by Udi Kantzuker and Yaniv Gamzo, diwip operates with 1–10 employees. The company was acquired by Tangelo Games in October 2014.
Business overview
diwip develops social casino games, providing users with free entertainment and social interaction. The company's core technology focuses on creating engaging games for popular social networking sites like Facebook and Vkontakte, serving the Media & Entertainment Technologies sector, specifically within the gaming industry and mobile gaming markets.
Strategic signal
In October 2014, Imperus Technologies agreed to acquire diwip in a deal valued at $100 million. This acquisition highlighted the strategic value of social casino game developers within the broader digital entertainment landscape, signaling consolidation and growth opportunities for companies with strong user engagement in the mobile gaming sector.
Log in to access full profile ›Company Intelligence Q&A
- When was diwip founded?
- diwip was founded in March 2010 by Udi Kantzuker and Yaniv Gamzo.
- What is diwip's primary business?
- diwip develops social casino games designed to provide free entertainment and social engagement for users on platforms like Facebook and Vkontakte.
- When was diwip acquired?
- diwip was acquired by Tangelo Games in October 2014.
- What was the reported value of the acquisition of diwip?
- In October 2014, Imperus Technologies agreed to acquire diwip in a deal reported to be $100 million.
- What happened with diwip's founders after the acquisition?
- In June 2016, the founders of diwip were reported to be leaving Imperus following an amended purchase agreement related to the acquisition.