Turkish mobile game studio POW Games sold its self-developed titles Food Match 3D and Tile Match: Home Design Puzzle to UK-based Matchingham Games. The Turkish startup stated that the transaction value was £10 million.
POW Games was founded by Şeyhmus Ölker and Burak Göncü back in 2021, and the team is currently formed of 25 employees. The company’s first game, Food Match 3D, has reached more than 2 million users on iOS and Android platforms. POW Games also shared that there’s a high expectancy rate for its game Tile Match, which is currently in the soft-launch period.
CEO and Co-Founder Şeyhmus ÖLKER previously took the position of Co-Founder and COO of US-based AdTech/MarTech startup App Samurai. CTO and Co-Founder Burak Göncü has developed a mobile app ecosystem that reached over 200 million users at BGNmobi, of which he was the Founder.
Şeyhmus Ölker has shared thoughts and feelings on the new collaboration and the direction of the company:
“Our collaboration with Matchingham Games has given us the LiveOps capabilities to develop successful games and increase revenues from those games quickly. We have created decades of experience in a short period.”
“We firmly believe that the games we have developed will continue to be successful with Matchingham Games. New games and adventures await POW Games from now on. We will be in front of our players with new puzzle games that will entertain millions in the coming days.”
Matchingham Games Founder and CEO Fatih Haltaş also made comments:
“Food Match and Tile Match stand out from their competitors in IAP and IAA metrics in the hybrid puzzle category. We are thrilled that we have finalized the process we are in, from the development stage to the publishing process, with an excellent acquisition.”
Matchingham Games has reached over 250 million players with a total of 18 mobile games in its portfolio. Along with self-developed titles, the company also maintains partnerships with other studios in the global market.
POW Games’ growth was significantly elevated by the team’s production and marketing experience over the years. Having achieved a successful debut with the games, it developed in a short period of 2 years; POW Games gave the signals of a possible funding round in 2023.
