November 1, 2023 Acquisition Achieved Modern Times Group takes 100% ownership of PlaySimple Modern Times Group has seen a successful 2023 and goes from strength to strength with this latest deal
February 20, 2023 New Reports Embracer Group sees 128% sales increase but hardly any rise from mobile The Q3 financial report reveals 2% rise in mobile revenue
November 17, 2022 New Ventures Behold Ventures becomes Sweden’s largest venture capital firm with $25.9 million raised The firm will focus on investing in Nordic gaming startups
October 27, 2022 Financials Modern Times Group report steady growth through Q3 in recently released financials MTG (Modern Times Group) the mobile gaming company that recently stepped-back from its efforts in esports, has released its financial data.
July 18, 2022 Swedish Success Sensor Tower: Embracer Group takes the top spot for Q2 Google Play downloads in Europe Ranking fifth of all publishers worldwide for the quarter
May 5, 2022 Stats From Sweden More than three-quarters of Stillfront’s Q1 revenue came from mobile games Q1 2022 interim report reveals net revenue of $172 million
April 11, 2022 Best Q2 Yet MAG Interactive Q2 2022 revenues reach $8.1 million, up 6 per cent Strongest second quarter in company history
March 9, 2022 Aquisition Approved Update: Embracer Group acquires Asmodee for $3.01 billion Additional consideration of almost $400 million to be paid upon conditions being met
March 2, 2022 Across The Line Wicket Gaming partners with cricket legend AB de Villiers for Cricket Manager Pro Batsman will act as ambassador and figurehead for upcoming mobile title
February 17, 2022 Goods Of Growth Embracer Group's Q3 net sales increased 135% to almost $600 million Nine month performance increase of 78.3% to over $1.2 billion
February 17, 2022 Equine Expansion Star Stable Online launches worldwide on iOS Following a year-and-a-half of soft launch
February 16, 2022 Still Growing Stillfront revenues rise 37% to over $586 million Planning to soft launch 15 titles in the first half of 2022
February 15, 2022 Salem At Stillfront Stillfront appoints Alexandre Salem as SVP operations & platforms Previously held positions at Huawei, Google, and King
February 9, 2022 Mobile Goat Goat Simulator dev Coffee Stain launches mobile-first studio in Malmö Spearheaded by mobile games veteran Daniel Persson
February 9, 2022 Not Just For Karl Daniel Persson on Coffee Stain's new mobile-first studio, exploring old IP, and not looking at NFTs Excitement about hybrid genres, including FPS and survival.
February 4, 2022 Co-create And Collaborate Hiber upgrades its HiberWorld metaverse platform with no-code creation More than two million virtual worlds
January 20, 2022 Cfo To Consultant Thunderful CFO Anders Maiqvist steps down Will continue to consult the firm on games M&A
January 19, 2022 Rising Arpdau MAG Interactive Q1 sales increase 11%, despite decline in users Boosted by strong performance of liveops
January 13, 2022 B2c Pro Thunderful brings on former Playstation exec Kathrin Strangfeld Reshuffles executive team
December 23, 2021 Iron Acquisition Stillfront acquires Netmarble’s Iron Throne: The Firstborn Still subsidiary studio Kixeye will take charge
December 2, 2021 European Expansion Wildlife Studios is opening a new mobile games studio in Sweden Heading to Europe in search of the best developers
November 19, 2021 Embracing Acquisition Embracer Group reports game revenues increased 89%, reaching $315 million Plans a "similar amount" of acquisitions within the next 12 months
November 18, 2021 Reining It In Nordisk Games acquires majority stake in Star Stable Entertainment Star Stable Online for mobile currently in soft launch
November 16, 2021 Mushrooming Into Mobile Thunderful acquires indie mobile game dev Early Morning Studio Expands reach into free-to-play mobile games publishing
November 1, 2021 Favourable Financials MTG's Q3 2021 sales up 61% to $170 million Significant growth from its games portfolio and esports earnings
October 28, 2021 Funding Fanatics Thunderful Group acquires Robot Teddy for $13.7 million Will lead newly established in-house investment arm, Thunderful Investment
October 22, 2021 Get Job Nordic Game Talents aims to help game dev recruitment in Nordic region Three day event starts 27 October
October 22, 2021 News The Battle of Polytopia IAPs have generated $185,000 for African solar power investment Investments made through Swedish company Trine
October 21, 2021 Record Revenue MAG Interactive records strongest year in company history, reaching $33.3 million Q4 net sales grew by 26%
October 8, 2021 Still Growing MTG appoints Daniel Frechen as new Head of M&A and Strategy Looking to continue its build-and-grow activity
October 5, 2021 20 Years G5 Entertainment celebrates 20th birthday with special campaign for players Presents for everyone
September 30, 2021 Funding Boom Startup conglomerate Kepler Interactive raises $120 million from NetEase Another roll-up player rolls up
September 22, 2021 Building Mobile Townscaper heading to iOS and Android on 20 October Now open for preorder and pre-registration
September 21, 2021 New Rules Forming a company remotely, amidst a global pandemic Coherence COO Senta Jakobsen explains
September 13, 2021 Mena Expansion Stillfront Group acquires Jordan-based gaming startup Jawaker for $205 million Strengthens pre-established presence in MENA region
September 7, 2021 Proliferating Portfolio Qiiwi Games acquires Playright Games for $1.1 million Initial purchase price of $540,000 for majority stake
September 2, 2021 Quackers Swedish dev Gigantic Duck raises $1.2 million in seed funding Currently developing two titles, including Bombergrounds: Battle Royale
August 26, 2021 Deal Azerion acquires Swedish mobile advertising firm Keymobile Ambition to offer the most comprehensive and integrated advertising in Europe
August 5, 2021 Eager Embracer Embracer makes eight acquisitions, including CrazyLabs The company now operates over 60 games developers
July 14, 2021 A New Resolution Resolution Games closes $25 million round of funding to expand IP "We see vast potential in VR and that the market is maturing"
July 2, 2021 Triple Word Score MTG acquires Indian word game studio PlaySimple for $360 million There's also a $150 million earn-out
July 1, 2021 New Backers Mobile UGC platform Hiber raises $15 million EQT Ventures leads the investment
June 22, 2021 Making Of How Huntdown looks to embody the best parts of 80s arcade shooters "We're convinced these types of games don’t age..."
June 8, 2021 Crushed It Stillfront acquires idle role-playing game Crush Them All from Godzilab Deal signed and closed on June 7th, 2021
May 21, 2021 No Slowing Down Embracer is looking to spend $2 billion on another 20 deals Raised another $890 million in March
May 18, 2021 The Game Is Afoot Qiiwi Games partners with All3Media for Midsomer Murders game Now soft-launched in Canada, Netherlands and Sweden