Swedish media group MTG has invested in Hamburg-based online game developer, InnoGames, acquiring a 35% stake in the company. MTG has purchased the stake from InnoGames’ founders and Eight Roads Ventures, one of the games firm’s first investors, along with an option down the road to purchase a further 16% by September 2017 which will […]
Editor’s note: This post from East-West Digital News was syndicated with permission. Mail.ru Group, a major Russian Internet company, announced the acquisition of Moscow-based mobile game developer and publisher Pixonic. The LSE-listed group has acquired a 100% stake for $30 million in cash, including $20 million upfront and $10 million deferred and based on performance […]
A great little bootstrapping story: Kaunas, Lithuania-based kids’ app publisher TutoTOONS, has reached 100 million game downloads (of its 200+ games) in less than 3 years after its founding.
A guest post from Romanian technology journalist Andrada Fiscutean, who highlights 11 homegrown startups that we should be keeping a close eye on this year.
Barcelona-based social gaming startup Akamon Entertainment is to be acquired by publicly listed Canadian social gaming software company Imperus for a total of $25 million, Jaime Novoa reports.
Stockholm gaming studio Toca Boca looks set to be sold, but is the reported price tag low compared to the exits of other Nordic gaming companies? Neil S W Murray takes a closer look at the numbers.
Di Digital, the Swedish technology blog owned by Bonnier Media Group, are reporting that their parent company are set to sell Toca Boca, a Stockholm-based gaming studio that makes ‘non-competitive’ games aimed at children, following the reported hiring of an small American investment bank to find a suitable buyer for the company. Di Digital report […]