Financial details of the arrangement were not disclosed, but SkillOnNet said the investment would allow Peter & Sons to grow its team and accelerate its journey towards becoming a fully independent studio, as well as allow it to create new tools for operators.
Peter & Sons which has offices in Spain and Armenia, has already produced more than 20 games, while the studio is also part of the ‘Silver Bullet’ partnership with both Relax Gaming and Yggdrasil Gaming’s Masters programme.
SkillOnNet is the business behind brands such as PlayOJO, DrückGlück and Genting Casino, while it also supplies software and turnkey products to brands including Slotstars, Mega Casino, Spin Genie and Metal Casino.
“Our new partnership will allow P&S to extend its reach and allow tier 1 operators to enjoy the studio’s best-performing games, such as Johnan Legendarian, MonsterBlox and The Legend of Musashi,” SkillOnNet’s senior vice president of corporate development Maor Nutkevitch said.
“We’re delighted to be working with such a rising star within the game studio community.”
Peter & Sons co-founder Mitri Wiberg added: “This joint venture will allow us to speed-up our growth and extend our fantastic and innovative games to industry-leading operators and their players.
“We are delighted to be working with SkillOnNet, whose status as a major global operator will help us to enhance the reach of our quality games to an even wider audience.”
Original article: https://igamingbusiness.com/finance/skillonnet-makes-strategic-investment-in-peter-sons/
