Scopely to acquire FoxNext Games and Cold Iron Studios from The Walt Disney Company.

Scopely, a company in the fast-growing mobile games space, agreed to acquire FoxNext Games and Cold Iron Studios, two video game developers, from The Walt Disney Company. Financial terms were not disclosed. "We have been hugely impressed with the incredible game the team at FoxNext Games has built with MARVEL Strike Force and can’t wait to see what more we can do together. In addition to successfully growing our existing business, we have been bullish on further expanding our portfolio through M&A, and FoxNext Games’ player-first product approach aligns perfectly with our focus on delivering unforgettable game experiences. We are thrilled to combine forces with their world-class team and look forward to a big future together," Tim O’Brien, Scopely Chief Revenue Officer.