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London-based mobile game developer Tripledot Studios has agreed to buy marketing platform AppLovin's mobile games studio portfolio for about $800 million in cash and stock, it said on Thursday.
Tripledot Studios said it acquired U.S.-based AppLovin’s mobile games studio portfolio for approximately $800 million.
UK developer Tripledot is set to acquire AppLovin’s games business, the ad tech company has confirmed. The deal will see Tripledot pay $400 million in cash, while AppLovin will pick up a 20% ownership ...
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AppLovin shares surged Thursday after the mobile app marketing provider announced the sale of its mobile game business and ...
This week, Tripledot confirmed a transformative deal: the $800m acquisition of AppLovin’s entire games business. That includes $400m in cash ($150m at the close of the transactions and a $250m secured ...
AppLovin (NASDAQ: APP) has come under a lot of scrutiny this year. It's been the target of not just one short-seller report but three. However, the bulls won the latest round when the company once ...
The half cash, half equity deal will see AppLovin become a minority shareholder in Tripledot Studios while allowing Tripledot to expand its footprint in key strategic markets, including the US and ...
Tripledot Studios, a UK-based mobile game developer, has struck a deal to acquire the gaming division of US tech firm AppLovin for approximately $800 million in a mix of cash and stock.