Peak Games

Peak Games definitively proved Istanbul's capacity to produce world-class mobile game intellectual property, well before the city's broader tech reputation was established. Founded in 2010, the studio developed Toon Blast and Toy Blast into highly successful franchise-level hits, each consistently maintaining tens of millions of monthly active users. In 2020, Zynga acquired Peak Games for $1.8 billion, marking one of the largest mobile gaming acquisitions of that year. This landmark exit established the benchmark that Dream Games (#3) is now pursuing with Royal Match. Even years after their initial launch, Peak's titles remain prominently featured in top-grossing puzzle charts, a testament to the Istanbul team's strong live-operations discipline. The acquisition provided Zynga—and subsequently Take-Two Interactive, which acquired Zynga for $12.7 billion in 2022—with a consistently profitable mobile gaming engine in a segment that many major American studios had previously underestimated.