Tripledot Studios acquires an Applovin mobile business business for $ 800 million

Tripledot StudiosOne of the fastest developing mobile game developers in the world has said he has acquired the Mobile Games portfolio based in the US for about $ 800 million.

This is a crucial stone on Tripledot’s trip as a company as they pass from a highly effective challenge to a major global leader in mobile games. When the deal is completed, Tripledot will have 12 worldwide studios in 23 cities and over 2500 team members serving 25 million active users daily and offer an annual gross revenue of nearly $ 2 billion.

This acquisition establishes Tripledot as a top five independent mobile revenue company worldwide and confirms Europe’s leading role in mobile games space, following the steps of early successful mobile game companies such as Rovio, Supercell and King.

The half -money deal, half capital will see that Applovin is becoming a minority shareholder at Tripledot Studios, while allowing Tripledot to expand its imprint on key strategic markets, including the US and Asia.

Founded in London in 2017 by Lior Shiff, Akin Babayigit and Eyal Chameides, Tripledot Studios veterans is one of the biggest developers of daily games in the world. Tripledot Studios has developed and operates over 25 live games, including hit titles like Woodku., Solitaire.com., Sorting of nuts and Triple tileAnd he is profitable from his second year of work. In 2023, Tripledot was declared the fastest growing company in Europe by Financial TimesS

“Creating and operating games is our passion,” says Lior Schiff, CEO of Tripledot Studios, in a statement. “Our mission is to become the most successful mobile game studio in the world. The acquisition of Applovin’s Portfolio is a big step towards achieving this goal-to take us from the fact that we are a highly effective challenge to a truly global leader. threesome. “

Tripiledot Studios Strategy

This acquisition brings three key strategic benefits that will divide Tripledot Studios into the global mobile game industry:

• Diversification of the game portfolio and shared expertise: Tripledot is one of the fastest growing mobile gaming studios in the world, with no game generating more than 10% of total net revenue after this acquisition is over. The partnership with the Applovin Mobile Games Studio portfolio makes Tripledot the largest European mobile game company with experience in both attached purchases and the advertising business models attached. This enables Tripledot to create games for a much larger global audience and use best class practices in the entire marketing, product, AI and monetization
• Access to a global talent pool: The Tripledot Global Print and Extended Opportunities create the opportunity to take advantage of highly specialized experts in the field of products, technology, marketing and art in a broader spectrum of global geographies and creating a better experience of players for tens of millions of people every day
• Instant scale: In anticipation of regulatory approval and completion of the transaction, this acquisition will make Tripledot Studios one of the largest mobile developers and publishers worldwide and will recharge its already comprehensive data and AI capabilities providing a better experience for our players

Adam Fori, CEO of Applovin, said in a statement: “Seven years ago, we started acquired gaming studios to help training our most machine learning models. However, we have never been a heart game developer. We have great respect for the creativity needed to build games, including teams in our studios.

Foroughi added: “Today, we announce that we have finalized a deal to sell our entire business with applications of Tripledot Studios. I watched how LIOR has been building its company from the beginning and I have great respect for his and the TRIPLOT team to manage the games. Lior and his team are one of the team The right partners to help those to help them do. “

Currently, Tripledot Studios has offices in London, Warsaw, Minsk, Barcelona, ​​Jakarta and Melbourne. They will acquire the following 10 studios and popular titles in an additional 17 cities in North America, Europe and Asia:

• Lion Studios – creators of Hexa Sort, Wordle! and I found it
• Peoplefun – creators of Wordscapes, Wordscapes Solitaire and Bricks N Balls
• Belka Games – Creators of Clock and Train of Hope
• Zenlife Games – Creators of Cooking Madness and Connect Words
• Leyi – West Game and Mecha Fire creators
• Magic Tavern – Creators of Project Transformation, Matchington Manor and Modern Community
• Athens Studio – creators of a puzzle of Woody and Woody 99
• Clipwire Games – Price creators are properly bingo, bingo history and monopoly bingo
• Zeroo Gravity – Cash Creators, Jackpot Slots Masters and Carnival Tycoon
• Machine Zone – Creators of a mobile blow and play of war

The acquisition is expected to be completed by the beginning of summer 2025 in anticipation of regulatory approvals. Raine Group acted as a leading financial advisor, along with Bofa Securities, and Latham & Watkins operated as a legal advisor to Tripledot Studios. Aream & Co acts as a financial advisor, and Wilson Cynisini Gudrich and Rosati acted as a legal advice for Applein.