Announced
Completed
Financials
Sources
Tags
Completed
Friendly
video game developer
Acquisition
Gaming
Canada
Private
Single Bidder
Majority
Cross Border
video games
Synopsis
Jam City, a mobile entertainment company, completed the acquisition of Ludia, a mobile game studio, from Fremantle, a British multinational television production and distribution company, for $165m. “The synergy between Ludia’s imagination, polish and innovative game mechanics with Jam City’s data science platform creates the perfect marriage between our two companies and adds significant value to their deep, rich entertainment experiences,” Chris DeWolfe, Jam City Co-Founder and CEO.
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