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Announced

MY.GAMES to acquire a majority stake in Deus Craft for $49m.

Synopsis

MY.GAMES, an international gaming division of Mail.ru Group, agreed to acquire a majority stake in Deus Craft, a mobile games development studio, for $49m. "MY.GAMES is the most attractive partner we have identified given its marketing and analytical expertise, detailed understanding of the industry globally and impressive growth track record as well as appetite to provide Deus Craft with maximum creative freedom. MY.GAMES offers experience in scaling products and providing comprehensive support to portfolio Studios, and we are confident that joining MY.GAMES will allow us to significantly strengthen and expand our business globally," Dmitriy Shubeikin, Deus Craft CEO.

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