Enad Global 7 completed the acquisition of Innova Intellectual Properties for €110m.

Enad Global 7, a Swedish video game holding company, completed the acquisition of Innova Intellectual Properties, a video game publisher, for €110m ($134m). The acquisition rationale for EG7 is Innova’s extensive and diversified portfolio of well-known titles with long-term cash-flows, its established presence in Asia and its expertise in said market, its valuable proprietary technology including its own game distribution platform, and a promising future pipeline.