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| _modificationDate | Datetime | 2024-11-12 10:45:58 PM |
| _pageID | Integer | 8,002 |
| _pageName | Page | Modern Times Group to Acquire Plarium |
| _pageTitle | String | News/Modern Times Group to Acquire Plarium
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"News" values
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| date | Datetime | | 2024-11-12 10:29:53 PM |
| author | Page | | Dante Uzel |
| category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Mergers and Acquisitions |
| game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
| content | Text | | [[Companies/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. |
1 row is stored for this page
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| source | Page | Games Industry |
| url | String | https://www.gamesindustry.biz/modern-times-group-to-acquire-plarium-for-620m |
