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Major Ukrainian technology company Lucky Labs looking to Europe for acquisitions

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December 14, 2016

Kiev 14 December 2016 – Leading gaming developer and one of Ukraine’s largest technology companies, Lucky Labs, announces today that it is looking to key markets in Europe and across the world to grow its technology business through strategic acquisitions. With an initial focus on the UK, Germany and Latvia, the company has a target investment size of around $20 – $30 million.

Lucky Labs is one of Europe’s leading gaming developers, founded in 2006 by IT entrepreneurs Rustam Gilfanov and Sergei Tokarev in Russia, the company is now based in Kiev. Today the group comprises an international portfolio of gaming and marketing technology companies and employs over 500 software developers internationally. It has released over 100 games, which can be found across international computer and mobile platforms.

Having been developing games over the last 10 years, the business has a track record of helping to build a significant amount of software companies from the ground up and is hoping to develop more innovative and ambitious start-ups.

With experience in providing software for many sectors such as mobile gaming, online gambling, marketing solutions and electronic payments, Lucky Labs has developed a portfolio of 40+ Flash (desktop) and HTML5 (mobile) games.

Lucky Labs recently worked with worldwide games developer, Playson, to develop its whole suite of games. It is looking to continue its investment in the gaming sectors, particularly with regards to slot and casino based programmes.

Rustam Gilfanov , co-founder of Lucky Labs, commented:

“From the outset, we have always aimed to attract the most innovative software from across the globe. Having developed a strong portfolio of gaming and marketing technology companies, we are keen to continue growth into international markets with a focus on UK, Germany and Latvia, where we have noted particularly ambitious start-ups doing some fantastic things.”

Sergei Tokarev, co-founder of Lucky Labs, added:

“We would be delighted to hear from young start-ups who are providing technologies across the gaming sector. We would love to help them get their ideas off the ground. We are confident these particular markets will continue offer long term stable financial income to our business.”

—ENDS—

About Lucky Labs:

Lucky Labs is one of Europe’s leading gaming developers, founded in 2006 by IT entrepreneurs Rustam Gilfanov and Sergei Tokarev in Russia. Today the group comprises an international portfolio of gaming and marketing technology companies and employs over 500 software developers internationally. It has released over 100 games, which can be found across international computer and mobile platforms.

Lucky Labs main headquarters are in Kyiv, Ukraine.

Additional information can be found at http://www.lucky-labs.com/

http://lucky-labs.com/

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