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New Deal


Announced

Completed

Improbable completed the acquisition of zeuz from Holtzbrinck Ventures and Vito Ventures Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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online gaming

Completed

Germany

software development

Private

Majority

Acquisition

Gaming

Friendly

Single Bidder

Private Equity

Venture Capital

Disposal

Cross Border

Synopsis

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Games technology company Improbable completed the acquisition of zeuz, an online game hosting company, from Holtzbrinck Ventures and Vito Ventures Management. Financial terms were not disclosed. "We’re delighted to welcome zeuz to Improbable, where their innovative managed hosting technology and game operations expertise will play a key role in our offer to game developers. From hosting to networking to consulting and co-development, we are building a end-to-end solution for multiplayer development, the fastest-growing sector of the massive games industry. This is a significant step towards our vision of a uniquely innovative, end-to-end resource for developers looking to make any kind of multiplayer game," Herman Narula, Improbable CEO.

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