Skillz Is Changing the Game With New Partnership

Competitive mobile-gaming platform provider Skillz (NYSE: SKLZ) made headlines Monday morning, announcing a strategic partnership with Exit Games, a move that could change the landscape of gaming for Skillz. Here is what investors need to know and what this could mean for shareholders over the long term.

Exit Games developed and operates the Photon Engine, a software development kit (SDK) that enables developers to create and run multiplayer games. The Photon Engine has cross-platform abilities, meaning it can power games running on various consoles, PC, and mobile.

More than 578,000 developers use the Photon Engine, including big-time gaming studios such as Glu Mobile, Ubisoft, SEGA, Square Enix, and Oculus. The platform can power real-time gaming seen in popular genres like racing, first-person shooters, battle royale, and combat.

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Source Fool.com