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We are excited to be part of a big AI success story in the Nordics, especially with Stockholm at its base. Luka Crnkovic-Friis, Peltarion CEO, added: “This is a monumental chapter in Peltarion history. This is yet another step towards our mission of making the world playful.” “We believe the talented Peltarion team, together with the powerful technology they have built, will help us serve our players even more effectively with more engaging games and content. Machine learning technology is moving quickly, and by increasing our investments in this field, we expect to deliver even more creative content to our 250 million monthly players* (Q1 2022) across the globe. Tjodolf Sommestad, president of King, said: “We are proud to announce the acquisition of Peltarion. In line with the company’s strategic developments in these fields, the main goal is to become a ‘game AI hub’ in the gaming industry, according to a statement from the company.

Crnkovic-Friis and Essén will take on managerial roles at King, with a focus on improving the company's AI technologies and growing Sweden's AI community. The ‘no-code machine learning operations platform’ Peltarion was founded in 2004 by Luka Crnkovic-Friis and Måns Essén in Sweden. Candy Crushcreator King has recently acquired artificial intelligence software company Peltarion, based in Sweden, as it seeks to grow the company’s capabilities and teams in game AI and machine learning and increase the usage of AI in its game platform.