Modern Times Group to Acquire Plarium

Modern Times Group to Acquire Plarium

Mergers and Acquisitions

12 November 2024 22:29

Modern Times Group (MTG) has announced its acquisition of Raid: Shadow Legends developer Plarium from Aristocrat Leisure Limited for $620 million, with $20 million deferred until 2026. The deal is expected to close in Q1 2025.

The acquisition is expected to boost MTG’s total annual sales to over SEK 12 billion ($1.1 billion), according to the announcement.

MTG's CEO Maria Redin commented: "[Plarium] brings an exciting and highly successful portfolio of live games spearheaded by Raid: Shadow Legends, an exceptional evergreen mid-core IP, to our line-up. The studio also has three additional strong live games, and an exciting new games pipeline in both the mid-core and the casual segments, which creates healthy optionality for future growth."

Plarium’s strong user acquisition and monetization capabilities were also key factors in the acquisition decision.

Tags: Modern Times Group

Share:

Sources:

Report mistake Submit news

Related news

View All

Modern Times Group Acquires 70% of Snowprint Studios

Modern Times Group announced the acquisition of a majority stake in Snowprint Studios. The Swedish mobile game studio...

Mergers and Acquisitions

Oct 11, 2023

Netflix to Acquire Warner Bros

After several weeks of reviewing bids from interested buyers, Netflix has been chosen to purchase Warner Bros. in 2026. The...

Mergers and Acquisitions

Dec 05, 2025

Embracer Group to Sell Arc Games and Cryptic Studios

Embracer Group has shed two more teams from its extensive catalogue of studios, announcing the sale of Arc Games and...

Mergers and Acquisitions

Nov 27, 2025

Riot to Sell Hytale IP and Hypixel

Riot Games has sold the Hytale franchise back to its original co-founder, Simon Collins-Laflamme, only months after confirming it would...

Mergers and Acquisitions

Nov 19, 2025

GamerPay Acquired by Social First

Finnish gaming studio Social First has announced the acquisition of GamerPay, a real-money marketplace for in-game items, for an undisclosed...

Mergers and Acquisitions

Nov 13, 2025

Modern Times Group to Acquire Plarium

Mergers and Acquisitions

12 November 2024 22:29

Tags: Modern Times Group

Modern Times Group (MTG) has announced its acquisition of Raid: Shadow Legends developer Plarium from Aristocrat Leisure Limited for $620 million, with $20 million deferred until 2026. The deal is expected to close in Q1 2025.

The acquisition is expected to boost MTG’s total annual sales to over SEK 12 billion ($1.1 billion), according to the announcement.

MTG's CEO Maria Redin commented: "[Plarium] brings an exciting and highly successful portfolio of live games spearheaded by Raid: Shadow Legends, an exceptional evergreen mid-core IP, to our line-up. The studio also has three additional strong live games, and an exciting new games pipeline in both the mid-core and the casual segments, which creates healthy optionality for future growth."

Plarium’s strong user acquisition and monetization capabilities were also key factors in the acquisition decision.

Share:

Sources:

Report mistake Submit news

Related news

View All

Modern Times Group Acquires 70% of Snowprint Studios

Modern Times Group announced the acquisition of a majority stake in Snowprint Studios. The Swedish mobile game studio...

Mergers and Acquisitions

Oct 11, 2023

Netflix to Acquire Warner Bros

After several weeks of reviewing bids from interested buyers, Netflix has been chosen to purchase Warner Bros. in 2026. The...

Mergers and Acquisitions

Dec 05, 2025

Embracer Group to Sell Arc Games and Cryptic Studios

Embracer Group has shed two more teams from its extensive catalogue of studios, announcing the sale of Arc Games and...

Mergers and Acquisitions

Nov 27, 2025

Riot to Sell Hytale IP and Hypixel

Riot Games has sold the Hytale franchise back to its original co-founder, Simon Collins-Laflamme, only months after confirming it would...

Mergers and Acquisitions

Nov 19, 2025

GamerPay Acquired by Social First

Finnish gaming studio Social First has announced the acquisition of GamerPay, a real-money marketplace for in-game items, for an undisclosed...

Mergers and Acquisitions

Nov 13, 2025