MTG buys game company for billions

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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.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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