Allied Advisers Serves as Sell-Side Advisor to Peltarion on Their Exit to Activision Blizzard King

Summary:

Allied Advisers is pleased to congratulate Peltarion on its exit to King, part of Activision Blizzard. Peltarion provides an operational AI platform that enables organizations to build, deploy, and manage machine learning models across enterprise environments. King is a leading mobile game developer and the creator of globally recognized franchises including Candy Crush, and operates as part of Activision Blizzard’s gaming portfolio. The transaction strengthens King’s internal AI capabilities and supports the continued use of advanced machine learning to enhance game development, player engagement, and live game operations.

View Press Release

About Peltarion

Peltarion develops an operational AI platform designed to help organizations build and deploy machine learning applications at scale. The company’s platform provides tools for developing, training, and managing deep learning models through an accessible interface that supports collaboration between developers, data scientists, and business teams. By simplifying the process of operationalizing AI, Peltarion enables organizations to integrate machine learning into production systems more efficiently. The platform has been used across industries to support applications ranging from predictive analytics to advanced automation.

About Activision Blizzard King

King is a leading interactive entertainment company focused on mobile gaming and is part of Activision Blizzard. The company develops and operates a portfolio of globally popular mobile games, including the Candy Crush franchise, played by hundreds of millions of players worldwide. King focuses on creating engaging live services supported by data analytics, personalization, and continuous game updates. As part of Activision Blizzard, the company contributes to one of the largest gaming ecosystems spanning console, PC, and mobile platforms.

About Allied Advisers

Allied Advisers is a global technology-focused advisory firm specializing in M&A and Capital Raises for middle-market companies. We have successfully advised on over 100 transactions totaling $15B+ in deal value across US, Canada, Europe, India, Israel, and South America.