An Interest In:
Web News this Week
- March 29, 2024
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
October 15, 2013 12:35 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7T57mhz2QZM/
Clash Of Clans Maker Supercell Sells A 51%, $1.53B Stake To SoftBank and GungHo Online
Another big move for Softbank into the gaming world, and a massive investment for Finnish gaming juggernaut Supercell: the company is selling a 51% stake for $1.53 billion to Japan's SoftBank and games developer GungHo OnLine Entertainment. This strategic investment, which makes Supercell a subsidiary of Softbank, will be used to fuel Supercell's global expansion. It effectively represents a quadrupled valuation for Supercell to over $3 billion in the last seven months.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7T57mhz2QZM/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch