Tripledot completes landmark $800m deal for 10 AppLovin studios
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Tripledot completes landmark $800m deal for 10 AppLovin studios
Tripledot has officially acquired all 10 of AppLovin’s game studios. The $800m deal is half cash, half equity. Tripledot paid $400m for the 10 studios, but also gave away $400m in equity, meaning AppLovin now owns 20% of the UK-based firm. Tripledot now owns Athena Studio, Belka Games, Clipwire Games, Leyi, Lion Studios, Machine Zone, Magic Tavern, PeopleFun, Zenlife Games and Zeroo Gravity. The most popular games in its newly-acquired portfolio…
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