Netflix to acquire The Walking Dead: No Man's Land developer Next Games
The deal is expected to close later this year
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The deal is expected to close later this year
Investegate announcements from Next Games Oyj, Netflix, Inc. Announces a Voluntary Recommended Public Cash Tender Offer for All Outstanding Shares and Stock Options in Next Games Corporation
The world-renowned streaming video-on-demand service Netflix announced that it has acquired Next Games, Finland based company. Netflix decided to buy the game company's issued and outstanding shares by going up to 65 million euros. The Finnish company had reported sales of around 27.2 million euros in 2020, including 95% of revenue from in-game purchases.
Netflix plans to buy Finland-based Next Games for about $72 million as the company deepens its investment in mobile gaming.
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