Benzinga | Nov 30, 2021 04:42PM EST

PLAYSTUDIOS Becomes Exclusive Developer, Publisher Of Tetris Game Franchise

* PLAYSTUDIOS Inc (NASDAQ:MYPS) expanded into the popular puzzle game genre as the exclusive developer and publisher of the Tetris game franchise for mobile devices.

* Through a strategic partnership with The Tetris Company and N3TWORK, PLAYSTUDIOS has assumed the exclusive global, multi-title mobile rights (excluding China) for the Tetris game.

* PLAYSTUDIOS will continue to operate and advance the current Tetris mobile products.

* The new game's design will draw inspiration from leading casual game formats and embody new features and mechanics that will usher in a new era for Tetris on mobile.

* Price Action: MYPS shares traded higher by 3.99% at $4.43 in the premarket session on the last check Tuesday.