Announced
Financials
Tags
Pending
mobile games development
Friendly
Private
Croatia
Acquisition
Cross Border
Single Bidder
Gaming
Majority
Synopsis
Stillfront, a free-to-play powerhouse of gaming studios, agreed to acquire Nanobit, a Croatia-based developer and publisher of mobile games, for $160m. "With the acquisition of Nanobit, Stillfront expands our footprint into the narrative lifestyle RPG genre, further strengthening Stillfront’s portfolio of Simulation, Action and RPG games and broadening our gaming audience. Nanobit is an experienced and reputable studio with numerous apps and games with a clear niche within the lifestyle genre. The games portfolio has shown strong growth during the last year and we see a strong growth potential going forward, including a promising pipeline of new games," Jörgen Larsson, Stillfront CEO.
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