financetom
Business
financetom
/
Business
/
Game developer Tripledot acquires AppLovin's mobile gaming portfolio for $800 million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Game developer Tripledot acquires AppLovin's mobile gaming portfolio for $800 million
May 26, 2025 3:45 AM

STOCKHOLM, May 8 (Reuters) - London-based mobile game

developer Tripledot Studios has agreed to buy marketing platform

AppLovin's ( APP ) mobile games studio portfolio for about $800

million in cash and stock, it said on Thursday.

The deal will help Tripledot expand its footprint in markets

including the United States and Asia, and add gaming titles such

as Cash Tornado, Wordscapes and Wordle to its current portfolio

of 25 live games, including Woodoku, Nut Sort and Triple Tile.

AppLovin ( APP ) was among the companies submitting a bid for short

video app TikTok's assets outside China, ahead of the deadline

of April 5 that U.S. President Donald Trump set for a

non-Chinese buyer.

"Seven years ago, we began acquiring gaming studios to help

train our earliest machine learning models," AppLovin ( APP ) CEO Adam

Foroughi said in a statement. "However, we have never been a

game developer at heart."

The deal will add 10 gaming studios to Tripledot's

portfolio and increase its presence into 17 more cities across

North America, Europe and Asia, the companies said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hapbee to Raise $1.5 Million in Private Placement
Hapbee to Raise $1.5 Million in Private Placement
Jun 26, 2025
08:19 AM EDT, 06/26/2025 (MT Newswires) -- Hapbee Technologies ( HAPBF ) , which gained 18% on Wednesday, overnight, announced a non-brokered private placement consisting of up to 15.1 million units at $0.10 apiece for $1.5 million. The company also appointed Ahsan Ashraf as its new chief technology officer. Each Unit will consist of one subordinate voting common share and...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
NRx Pharmaceuticals Subsidiary Signs Letter of Intent to Acquire Stake in Cohen and Associates
NRx Pharmaceuticals Subsidiary Signs Letter of Intent to Acquire Stake in Cohen and Associates
Jun 26, 2025
08:22 AM EDT, 06/26/2025 (MT Newswires) -- NRx Pharmaceuticals ( NRXP ) said Thursday its HOPE Therapeutics subsidiary signed a binding letter of intent to purchase a 49% interest in Cohen and Associates, an interventional psychiatry clinic in Florida. Cohen is targeted to serve as a foundational clinic for HOPE in the Sarasota-Bradenton region of western Florida, NRX said. Further...
Alto Neuroscience Identifies Biomarker in Phase 2 Trial for Major Depressive Disorder Patients
Alto Neuroscience Identifies Biomarker in Phase 2 Trial for Major Depressive Disorder Patients
Jun 26, 2025
08:16 AM EDT, 06/26/2025 (MT Newswires) -- Alto Neuroscience ( ANRO ) said Thursday it was able to identify a patient selection biomarker in its exploratory phase 2 proof-of-concept trial of ALTO-203 in major depressive disorder patients with elevated levels of anhedonia. ALTO-203 demonstrated clear effects on objective measures of attention and wakefulness, in the phase 2 trial, the company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved