Embracer : interim report Q1 FY 21/22
21/22 INTERIM REPORT 1 APRIL -JUNE 2021 EMBRACER GROUP AB REG NO.... | August 18, 2021
Source: marketscreener.com
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Vancouver-based Mobile Free-to-Play Game Developer 'A Thinking Ape Entertainment' Acquired by Embracer Group for $28 Million US (plus Earnout)
A Thinking Ape Entertainment Ltd.. Founded in 2008 and based in Vancouver, A Thinking Ape is a developer of mobile Free-to-Play (FTP) games with a social core. The day one purchase price amounts to approximately MUSD 31 equivalent to MUSD 28 on a cash and debt free basis and is paid in cash and newly issued Embracer B shares plus additional consideration over 10 years, subject to fulfilment of agreed financial milestones, of a maximum MUSD 74. "A Thinking Ape is one of the most respected mobile game studios in the industry. They've been successful for over a decade and we believe they are o...
Source: bctechnology.com
Vancouver gaming studios Thinking Ape and IUGO Mobile acquired by Swedish firm
Party in My Dorm, Kingdoms at War, Kingdom of Heckfire. These titles have generated USD$190 million in revenue and spurred the creation of 30 million accounts to date. IUGO, founded in 2003, is best known for its mobile title of The Walking Dead: Road to Survival, released in 2015. This game has more than 45 million installs globally and was named as one of the best games of 2016 on Google Play. They have an original game currently in production, with expected release during 2021. “A Thinking Ape is one of the most respected mobile game studios in the industry. They’ve been successful...
Source: dailyhive.com