Skillz shares surge 26.04% after-hours following acquisition of Beamable to expand developer tools and backend capabilities.

Skillz surged 26.04% in after-hours trading following the announcement of its acquisition of Beamable's backend, LiveOps, and meta-game systems. The move enhances Skillz’s platform by integrating advanced developer tools, enabling a unified ecosystem for game development, operations, and monetization. CEO Andrew Paradise highlighted the addition of modern backend services and AI-native tools, which align with Skillz’s strategy to streamline workflows for developers. The acquisition eliminates the need for external infrastructure, supports both real-money and free-to-play models, and positions Skillz to accelerate development timelines. With phased integration planned ahead of GDC 2026, the transaction reflects the company’s commitment to expanding its competitive gaming infrastructure and developer appeal.