Tripledot completed the acquisition of the mobile games studio portfolio from Applovin for $800m.

Tripledot Studios, a company specializing in casual mobile gaming, completed the acquisition of the mobile games studio portfolio from Applovin, a global technology platform, for $800m. “We would like to extend our gratitude to our game studios, who were an instrumental part of AppLovin’s journey. Their love for mobile games fueled our growth, and we wish them continued success with Tripledot Studios. The closing of this transaction streamlines the Company to its core business and allows us to fully focus on the exciting opportunities that will shape and define the future of our company,” Adam Foroughi, AppLovin Co-founder and CEO.