DECA Games to acquire A Thinking Ape Entertainment for $31m.

DECA Games, a publisher and developer of video games, agreed to acquire A Thinking Ape Entertainment, a mobile games developer, for $31m. Consideration is paid in cash and newly issued Embracer B shares plus additional consideration over 10 years, subject to fulfilment of agreed financial milestones, of a maximum $74m. “A Thinking Ape is one of the most respected mobile game studios in the industry. They’ve been successful for over a decade and we believe they are on the cusp of stepping up to an even bigger level. I’m delighted to join forces with Kenshi and the rest of his team” Ken Go, DECA Games Founder and CEO.