Global game development leader Playrix has acquired a new studio in Yerevan. The branch is called Playrix Armenia.

The company has said that the Armenian team of the local mobile game company Plexonic has become Playrix Armenia, which will join the Playrix Group of companies, and Plexonic’s founder and CEO Gevorg Sargsyan will lead the new studio.

The Armenian team has already started developing a new casual mobile game.

“Being one of the largest mobile game developers in Armenia, we are very excited to open new perspectives for the local game development industry, this time via Playrix’s enormous scale and capacity,"” said Gevorg Sargsyan,

“Together with the talented Plexonic team, we will broaden our recruitment efforts, attract the best talent on the market, and create mobile games of the highest quality that we’re very excited about. Playrix Armenia is already on its way to becoming the largest gaming company in the region,” said Dmitri Bukhman, co-founder of Playrix.

Plexonic was founded in 2008 as the first Armenia-based game development studio and developed more than 60 casual titles since then, such as Panda Jam, Pet Savers and Stretch.

Founded by Igor and Dmitri Bukhman in 2004 in Russia, Dublin-based Playrix is one of the world’s top 5 mobile game publishers. The company has studios in over 10 cities, which employ 1000 people in total. In 2018, Playrix was recognized as one of 10 highest-earning mobile game publishers in the world.