King acquires Nonstop Games; Planview buys Sweden’s Projectplace

Swedish-British game maker King reported poor revenue numbers and Candy Crush Saga player retention ability last night, but also announced its acquisition of Singapore-based Nonstop Games (the creator of Heroes Of Honor).

King paid $6 million in cash but the actual purchase price might go up to $100 million: another $84 million is due depending on future performance, and an additional $10 million so "certain employee shareholders" don't leave in the next year. More coverage here.

In other news, as reported by GigaOM, Planview has acquired Stockholm, Sweden-based Projectplace from VC firms InnovationsKapital and Via Venture Partners to "pioneer the next phase of cloud-based project collaboration and enterprise portfolio and resource management". Well then.

Terms of the latter acquisition were not disclosed, but the combined turnover will exceed $125 million according to the press release.

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