Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Rovio acquires mobile gaming company PlayRaven
November 30, 2018

Rovio, the creator of Angry Birds, has acquired the Finnish gaming company PlayRaven. PlayRaven focuses on developing mobile strategy games and has 25 FTEs. Strategy games are one of the largest genres in mobile gaming and Rovio will tap into this market. PlayRaven reported a turnover of EUR 1.2m and EBIT of EUR -0.3m in 2017. The deal value is undisclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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