Mobile game developer Playdots is being acquired six years after its only funding round, a $10m series A that included Tencent.
Video game publisher Take-Two Interactive Software agreed yesterday to buy US-based mobile gaming studio Playdots in a $192m deal that will allow internet group Tencent to exit.
The transaction will consist of $90m in cash and $102m in newly issued shares in Take-Two, and it is expected to close in the third quarter of 2020.
Founded in 2013, Playdots designs minimalist puzzle games for mobile devices. Its three games – Dots, Two Dots and Dots & Co – have been…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
