Modern Times Group (MTG) has acquired Raid: Shadow Legends maker Plarium from Aristocrat Leisure in a $620 million deal.
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Geek Alliance LLCThe purchase is expected to double MTG’s size and “substantially improve” its cashflow generation. The move comes after Plarium and Big Fish Games were put up for sale earlier this year as Aristrocrat announced its intention to exit out of games outside of social casino. … [MORE]
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1 Comment
Wow, this is a huge move for MTG! Plarium has been killing it with games like Raid: Shadow Legends, so doubling their size with this acquisition could really shake things up in the gaming scene. It’s interesting to see Aristocrat pulling back from non-social casino games, but it looks like MTG is ready to expand and boost their cash flow big time. I’m curious to see how this will affect both companies and what new content or updates we might get from Plarium moving forward. Definitely a game-changer!