From CNET: Snap, the company behind Snapchat, has invested in Australian game studio Prettygreat, according to filings to the Australian Securities and Investments Commission.
Prettygreat games was founded by Australian games industry heads Phil Larsen, Hugh Walters and and Luke Muscat. Muscat has long been credited as the creator of pivotal mobile games such as Fruit Ninja and Jetpack Joyride.
Larsen, Walters and Muscat established the Prettygreat game studio in 2015.
In June 2018, reports suggested that Snap would launch a gaming platform, allowing people to play games through the Snapchat app. At the time, The Information reported that one gaming publisher had been lined up to make a game for the new platform, but no further details were forthcoming.
The deal would mark a new direction for Snap, founded in 2011 by then 26-year-old Stanford University dropout Evan Spiegel, whose ephemeral photo-sharing app soared to popularity with young consumers, thanks in part to its whimsical, colorful filters. But in recent years the company has dealt with flagging revenues, questions about its long-term growth and the troubled launch of its Spectacles, a pair of glasses that take photos and record video.
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