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MTG acquires Plarium, press conference, 2024
Language: English
Sector: Media & Publishing (Gaming)
Activity: Webcast
Modern Times Group MTG AB (publ) (“MTG”) has signed an agreement with Aristocrat Leisure Limited (“Aristocrat”) to acquire 100% of Plarium Global Ltd (“Plarium”), the international studio behind the popular squad battler RPG RAID: Shadow Legends, a highly successful evergreen cross-platform IP. The acquisition provides scale with multiple avenues to deliver synergies and adds a highly creative studio with a history of commercial success with strong momentum in 2024 to MTG’s portfolio. It will also substantially improve MTG’s already strong cash flow generation.
Read more here.