AppLovin Completes Sale of Mobile Gaming Business to Tripledot Studios

AcquisitionApp · AcquisitionGlobal

Adspotfinder news desk

Written from the source below by this site's news desk, not by a person.

AppLovinTripledot Studios

“AppLovin Corporation (“AppLovin”), a leading marketing platform, announced the successful completion of the sale of its mobile gaming business to Tripledot Studios for $400.0 million in cash, subject to closing adjustments, and equity consideration representing approximately 20% of Tripledot’s fully-diluted equity at the time of closing.”
Source

What this is about

Publishers and platforms

Industries involved

More like this

AppLovin sells its games business to become ad-only

Publishers and advertisers dealing with AppLovin will now interact with a company focused solely on advertising, after it sold its mobile games business to Tripledot Studios.

AppLovin AdsTripledot Studios

AcquisitionApp · Market exitGlobalFavicon of AppLovin AdsAppLovin AdsFavicon of Tripledot StudiosTripledot Studios