Gamasutra - Habbo owner Azerion raises $242 million to finance more game acquisitions
Online social gaming and entertainment platform Azerion has raised €200 million ($242 million) to realize its growth plans.
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Online social gaming and entertainment platform Azerion has raised €200 million ($242 million) to realize its growth plans.
Habbo developer Sulake to be fully acquired by Azerion '); } Habbo Hotel developer Sulake is set to be fully acquired by media and tech company Azerion, according to a report from GamesIndustry.biz. Azerion already owns a majority stake in the Finnish studio (purchased in 2018 under its previous guise of Orange Games), but has now reached an agreement to acquire the remaining 49 percent stake from telecoms company Elisa Oyj. Following the deal, the plan is for Sulake's current management and development team to remain in place. Azerion has said that "nothing will change" for Sulake's g...