Toca Boca and Sago Mini, two game developers established by media company Bonnier, are set to be acquired by digital toy producer Spin Master.
Children’s entertainment company Spin Master has agreed to acquire Sweden-based digital toy maker Toca Boca and its Canada-based sister firm Sago Mini, providing an exit to media group Bonnier.
The transaction is set to close on May 2 this year. Financial terms have not been disclosed.
Toca Boca was launched in 2010 by Bonnier Growth Media, the corporate venturing subsidiary of Bonnier, and has to date released 32 smartphone and tablet apps aimed at three to nine-year-old children. It is…
