SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

MTG buys game company for billions

» Published: 12 November 2024

MTG buys game company for billions
Photo: Stina Stjernkvist/SvD/TT

The media company MTG is acquiring the mobile game developer Plarium for 620 million dollars, equivalent to approximately 6.8 billion kronor. The company is behind the mobile game "Raid: Shadow legends".

The CEO Maria Redin claims, in a press release, that the deal makes MTG a "leading European gaming company". The company's position within the mobile game area is strengthened.

Plarium has three additional live games and several under development, according to MTG.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Spotify Rolled On Wall Street
1 MIN READ

Spotify Rolled On Wall Street

Biden and Xi meet in Peru
1 MIN READ

Biden and Xi meet in Peru

Shareholders' Meeting at Northvolt
1 MIN READ

Shareholders' Meeting at Northvolt

American Airline on the Verge of Bankruptcy
1 MIN READ

American Airline on the Verge of Bankruptcy

Bitcoin reaches new record level – over 1 million kronor
1 MIN READ

Bitcoin reaches new record level – over 1 million kronor

American inflation rises
2 MIN READ

American inflation rises

Saab: Our sensors can handle offshore wind power
1 MIN READ

Saab: Our sensors can handle offshore wind power

Volvo Cars closes car-sharing service
1 MIN READ

Volvo Cars closes car-sharing service

Northvolt sells factory in California
2 MIN READ

Northvolt sells factory in California

Central Bank Chief Warns of Rising Food Prices
2 MIN READ

Central Bank Chief Warns of Rising Food Prices

Hawala Association Can Be Exploited for Terrorism
1 MIN READ

Hawala Association Can Be Exploited for Terrorism

Swedish success story defies turbulent world
3 MIN READ

Swedish success story defies turbulent world

Klarna sets its sights on Wall Street
3 MIN READ

Klarna sets its sights on Wall Street

The Boat Manufacturer Nimbus Asks Owners for More Money
1 MIN READ

The Boat Manufacturer Nimbus Asks Owners for More Money

The stock market continued to fall – Saab turned downward
1 MIN READ

The stock market continued to fall – Saab turned downward

Mild weather slows down clothing sales
1 MIN READ

Mild weather slows down clothing sales

The Big Bank: Housing Prices Will Rise This Much
2 MIN READ

The Big Bank: Housing Prices Will Rise This Much

Still Unrest on Asian Stock Exchanges
1 MIN READ

Still Unrest on Asian Stock Exchanges

Meta meets the EU halfway
1 MIN READ

Meta meets the EU halfway

Increased profit and revenue for Spotify
1 MIN READ

Increased profit and revenue for Spotify