Skillz shares surge 15.34% intraday after acquiring Beamable to enhance developer tools and backend capabilities.

Skillz Inc. (SKLZ) surged 15.34% intraday after announcing its acquisition of Beamable’s backend and LiveOps assets to enhance its mobile gaming platform. The deal integrates Beamable’s technology, including meta-game systems and AI-native tools, into Skillz’s ecosystem, enabling developers to streamline game development, monetization, and player engagement. By unifying backend services with Skillz’s existing competition and payment systems, the acquisition aims to reduce reliance on third-party infrastructure and accelerate time-to-market for games. CEO Andrew Paradise highlighted the move as a strategic step to empower developers with a comprehensive, all-in-one platform. The transaction aligns with Skillz’s long-term vision to strengthen its market position and drive growth, with phased integration details to be shared ahead of the Game Developers Conference in March 2026.