24/7 Market News: Core Gaming's AI is Designed to Know Exactly What Game Users are Playing and What Users will Play Next
Siyata Mobile (NASDAQ: SYTA) is merging with Core Gaming in a $160 million deal where Core Gaming shareholders will own ~90% of the combined entity. Core Gaming, an AI-driven mobile gaming developer, has built an impressive portfolio with 2,100 games, 790 million downloads, and 43 million monthly active users.
The company's revenue has shown significant growth, increasing from $13.2 million in 2021 to an estimated $90.8 million in 2024. Core Gaming's business model focuses on complimentary-to-download games, monetizing through ads, in-app purchases, and subscriptions. Their recently launched AI COMIC App gained nearly 300,000 users in its first few days.
Post-merger, Core Gaming CEO Aitan Zacharin will lead the combined entity, while Siyata's Marc Seelenfreund will head a new PoC subsidiary. The board will consist of four Core Gaming directors and Seelenfreund.
Siyata Mobile (NASDAQ: SYTA) si fonde con Core Gaming in un accordo da 160 milioni di dollari, nel quale gli azionisti di Core Gaming deterranno circa il 90% della società risultante. Core Gaming, sviluppatore di giochi mobili basati su intelligenza artificiale, ha creato un portfolio impressionante con 2.100 giochi, 790 milioni di download e 43 milioni di utenti attivi mensili.
I ricavi dell'azienda hanno mostrato una crescita significativa, passando da 13,2 milioni di dollari nel 2021 a una stima di 90,8 milioni di dollari nel 2024. Il modello di business di Core Gaming si concentra su giochi gratuiti da scaricare, monetizzando tramite pubblicità, acquisti in-app e abbonamenti. La loro recente app AI COMIC ha raggiunto quasi 300.000 utenti nei primi giorni dal lancio.
Dopo la fusione, l'amministratore delegato di Core Gaming, Aitan Zacharin, guiderà la società combinata, mentre Marc Seelenfreund di Siyata assumerà la direzione di una nuova filiale PoC. Il consiglio di amministrazione sarà composto da quattro direttori di Core Gaming e da Seelenfreund.
Siyata Mobile (NASDAQ: SYTA) se fusiona con Core Gaming en un acuerdo valorado en 160 millones de dólares, donde los accionistas de Core Gaming poseerán aproximadamente el 90% de la entidad combinada. Core Gaming, desarrollador de juegos móviles impulsado por IA, ha creado un portafolio impresionante con 2,100 juegos, 790 millones de descargas y 43 millones de usuarios activos mensuales.
Los ingresos de la empresa han mostrado un crecimiento significativo, aumentando de 13.2 millones de dólares en 2021 a un estimado de 90.8 millones en 2024. El modelo de negocio de Core Gaming se basa en juegos gratuitos para descargar, monetizando a través de anuncios, compras dentro de la aplicación y suscripciones. Su reciente aplicación AI COMIC logró casi 300,000 usuarios en sus primeros días.
Tras la fusión, el CEO de Core Gaming, Aitan Zacharin, liderará la entidad combinada, mientras que Marc Seelenfreund de Siyata dirigirá una nueva subsidiaria PoC. La junta directiva estará compuesta por cuatro directores de Core Gaming y Seelenfreund.
Siyata Mobile(NASDAQ: SYTA)는 Core Gaming과 1억 6천만 달러 규모의 거래로 합병하며, Core Gaming 주주가 합병된 회사의 약 90%를 소유하게 됩니다. AI 기반 모바일 게임 개발사인 Core Gaming은 2,100개의 게임, 7억 9천만 다운로드, 월간 활성 사용자 4,300만 명의 인상적인 포트폴리오를 구축했습니다.
회사의 매출은 2021년 1,320만 달러에서 2024년 추정 9,080만 달러로 크게 성장했습니다. Core Gaming의 비즈니스 모델은 무료 다운로드 게임을 중심으로 광고, 인앱 구매, 구독을 통해 수익을 창출합니다. 최근 출시한 AI COMIC 앱은 출시 초기 며칠 만에 약 30만 명의 사용자를 확보했습니다.
합병 후 Core Gaming의 CEO인 Aitan Zacharin이 합병 법인을 이끌고, Siyata의 Marc Seelenfreund는 새로운 PoC 자회사를 이끌 예정입니다. 이사회는 Core Gaming 이사 4명과 Seelenfreund로 구성됩니다.
Siyata Mobile (NASDAQ : SYTA) fusionne avec Core Gaming dans le cadre d'un accord de 160 millions de dollars, où les actionnaires de Core Gaming détiendront environ 90 % de l'entité combinée. Core Gaming, développeur de jeux mobiles basé sur l'IA, a constitué un portefeuille impressionnant avec 2 100 jeux, 790 millions de téléchargements et 43 millions d'utilisateurs actifs mensuels.
Les revenus de l'entreprise ont connu une croissance significative, passant de 13,2 millions de dollars en 2021 à une estimation de 90,8 millions en 2024. Le modèle économique de Core Gaming se concentre sur des jeux gratuits à télécharger, monétisés par la publicité, les achats intégrés et les abonnements. Leur application AI COMIC récemment lancée a attiré près de 300 000 utilisateurs en quelques jours.
Après la fusion, le PDG de Core Gaming, Aitan Zacharin, dirigera l'entité combinée, tandis que Marc Seelenfreund de Siyata prendra la tête d'une nouvelle filiale PoC. Le conseil d'administration sera composé de quatre directeurs de Core Gaming et de Seelenfreund.
Siyata Mobile (NASDAQ: SYTA) fusioniert mit Core Gaming in einem 160-Millionen-Dollar-Deal, bei dem die Core Gaming-Aktionäre etwa 90 % des kombinierten Unternehmens besitzen werden. Core Gaming, ein KI-gesteuerter Entwickler mobiler Spiele, hat ein beeindruckendes Portfolio mit 2.100 Spielen, 790 Millionen Downloads und 43 Millionen monatlich aktiven Nutzern aufgebaut.
Der Umsatz des Unternehmens hat ein deutliches Wachstum gezeigt, von 13,2 Millionen US-Dollar im Jahr 2021 auf geschätzte 90,8 Millionen US-Dollar im Jahr 2024. Das Geschäftsmodell von Core Gaming konzentriert sich auf kostenlose Download-Spiele, die durch Werbung, In-App-Käufe und Abonnements monetarisiert werden. Ihre kürzlich gestartete AI COMIC App gewann in den ersten Tagen fast 300.000 Nutzer.
Nach der Fusion wird der CEO von Core Gaming, Aitan Zacharin, das kombinierte Unternehmen führen, während Marc Seelenfreund von Siyata eine neue PoC-Tochtergesellschaft leiten wird. Der Vorstand wird aus vier Core Gaming-Direktoren und Seelenfreund bestehen.
- Strong revenue growth from $13.2M (2021) to estimated $90.8M (2024)
- Impressive user metrics: 2,100 games, 790M downloads, 43M monthly active users
- Successful launch of AI COMIC App with 300,000 users in first days
- Diversified revenue streams through ads, in-app purchases, and subscriptions
- Strategic partnerships with gaming, advertising, and entertainment companies
- Heavy dilution for current SYTA shareholders (reduced to 10% ownership)
- Lack of flagship games in portfolio
- Significant business model shift from Siyata's current operations
Insights
Siyata Mobile's $160M merger with Core Gaming combines an AI gaming company showing strong revenue growth with a Nasdaq-listed entity.
This merger reveals a strategic pivot for Siyata Mobile (SYTA) as it acquires Core Gaming, a company with impressive scale metrics in the mobile gaming space. The $160 million transaction will result in Core Gaming shareholders owning approximately 90% of the combined entity, while existing Siyata shareholders will retain 10% through a special stock dividend to be distributed within six months post-merger.
Core Gaming's financial trajectory shows remarkable acceleration, with revenue growing from
The company's business foundation includes 2,100 developed or co-developed games that have accumulated 790 million downloads and maintain 43 million monthly active users. Their monetization follows the free-to-download model, generating revenue through advertisements, in-app purchases, and subscriptions—a proven approach for creating recurring revenue streams in mobile gaming.
What's particularly notable is Core Gaming's AI technology focus, exemplified by their AI COMIC App which reportedly acquired 300,000 users within days of launch. This AI-driven approach appears to be a key differentiator, with systems designed to analyze user behavior patterns to predict future game preferences.
Post-merger leadership will see Core Gaming's CEO Aitan Zacharin leading the combined entity, while Siyata's Marc Seelenfreund will head a new PoC subsidiary. The board structure will include four Core Gaming directors plus Seelenfreund, maintaining strategic continuity while facilitating integration.
Denver, Colorado--(Newsfile Corp. - May 15, 2025) - 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, reviews Siyata Mobile's (NASDAQ: SYTA)
Core Gaming's merger model is unique. Please click here for Merger Math Details, or insights from the ValueScope Report.
Core Gaming's business model is also slightly different. The AI-driven mobile gaming developer, has developed or co-developed over 2,100 games, with 790 million downloads and 43 million monthly active users (MAUs). However, Core Gaming focuses more on its portfolio size and AI technology (e.g., AI COMIC App) rather than highlighting individual flagship games. Until it develops and releases one of these hits, Core Gaming emphasizes aggregate metrics over specific game popularity.
Core Gaming
By knowing exactly what games its users are playing Core Gaming's AI often knows what games its users will play next.
The Complimentary-to-Download Formula:
The complimentary-to-download model, has redefined how games generate revenue. By removing the initial cost barrier and monetizing through ads, in-app purchases, and subscriptions, this approach has democratized access and exponentially expanded user bases. The appeal lies in the recurring revenue these games can potentially generate from long tail engagement.
The model works, and ValueScope, expects Core Gaming to continue to experience its exponential year-over-year revenue growth trajectory. Core Gaming's reported revenue grew from
Management continues to upgrade the model with moves like the recently announced AI COMIC App, which instantly rocketed to nearly 300,000 users in its first few days, elevating Core Gaming's vision and model.
Siyata Mobile (NASDAQ: SYTA)
As a publicly traded entity post-merger, combined with Siyata Mobile, Core Gaming can move forward as a Nasdaq listing. The merger's structure, detailed in Siyata's March 31, 2025, SEC Form 20-F, ensures Core Gaming shareholders own ~
Please click here for Merger Math Details, or insights from the ValueScope Report.
Core Gaming's relationships with leading gaming, advertising, entertainment, and social media sites, alongside collaborations with studios like Fire Rhino, aim to enhance its monetization and distribution capabilities.
Core Gaming CEO Aitan Zacharin will lead the combined entity, with Siyata's Marc Seelenfreund heading a new PoC subsidiary. A balanced board with four Core Gaming directors and Siyata's CEO, Marc Seelenfreund, helps strategic alignment.
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About Siyata Mobile
Siyata Mobile Inc. is a leading global developer and provider of cellular communications solutions for enterprise customers, including first responders, transportation, logistics, and more. The company's mission is to enable effective communication in critical moments through innovative technology.
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