Announced
Completed
Financials
Sources
Tags
Private
Private Equity
Single Bidder
Friendly
Completed
Minority
video games
Cross Border
Acquisition
United Kingdom
Gaming
Synopsis
Aonic Group, a video gaming family, completed the acquisition of a minority stake in nDreams, a company that develops and publishes video games, for $35m. “This is a pivotal moment for nDreams, and I’m delighted to have the support of Aonic, who share the same ambitious vision for the company that we do. As VR continues its trajectory towards becoming a truly mass-market technology, this is the rocket fuel needed to accelerate our rapid growth and take advantage of the many opportunities that continue to come our way," Patrick O’Luanaigh, nDreams Co-Founder and CEO.
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