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Skillful Craftsman to acquire 70% of Singapore's URAY, expanding into AI-driven game creation and global publishing.

Company Fundamentals
13 Oct 2026
GlobeNewsWire
View Source
Bullish
Skillful Craftsman to acquire 70% of Singapore's URAY, expanding into AI-driven game creation and global publishing.

Skillful Craftsman Education Technology Limited (EDTK) announced it will acquire a 70% controlling stake in Singapore-based casual game developer URAY PTE. LTD., making URAY a consolidated subsidiary. This acquisition extends EDTK's AI applications beyond education into interactive digital content, combining EDTK's AI technology with URAY's decade-long experience in casual game development, global user acquisition, and advertising monetization. The companies aim to develop AI-driven workflows for game creation and publishing, leveraging URAY's AI toolset SMILE AI to streamline game development and commercialization. The deal is expected to close in Q4 2026, signaling EDTK's strategic move to innovate at the intersection of education technology and gaming.

Skillful Craftsman's acquisition of a controlling interest in URAY is presented here alongside Pluang's Technology-sector snapshot as of Oct 13, 2026 19:12 WIB. Of 150 priced US tech stocks on Pluang, 42 rose and 101 fell. Marvell Technology Inc (MRVL) traded at USD 257.87 with a 3.01% decline and a typical hold time of 43 days, contrasting with Infosys Limited (INFY) which gained 2.95% to USD 11.15 and saw a shorter hold time of 28 days. Super Micro Computer Inc (SMCI) fell 2.98% to USD 38.79, with the shortest hold time of 20 days among these movers.

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