Modern Times Group completed the acquisition of a 70% stake in Snowprint Studios.

Modern Times Group, a digital entertainment company, completed the acquisition of a 70% stake in Snowprint Studios, a mobile game development studio. Financial terms were not disclosed. “I am very excited to welcome all Snowprinters to our Gaming Village. They bring great experience in developing, launching and growing mobile games as well as the proven ability to work successfully with global entertainment IP owners like Games Workshop and the Warhammer 40,000 franchise. This will be an important addition to the group and resonates closely with our firm belief in the benefits of long-term, premium IPs," Maria Redin, MTG President and CEO.