[Press Release] After weeks of speculation, Tencent today confirmed it has bought out all of Japanese company Softbank’s shares in Finnish mobile games developer, Supercell. The whole deal will cost Tencent a massive USD 8.57 billion for a majority stake…
Clash of Clans – Japan heavyweights invest $1.5B in developer Supercell
[Source] Japanese games publisher and developer, GungHo Online Entertainment, has teamed up with Softbank to invest $1.5 billion in Supercell, the Finnish developer of Clash of Clans. This “strategic investment” will also see GungHo and Softbank acquire a 51% majority…
GungHo – Developer set to be acquired by SoftBank Corp
Japanese telecommunications and and internet giant, SoftBank Corp, has announced that the company will be acquiring Japanese games developer, GungHo Online Entertainment. An additional USD265 million will be spent to bring SoftBank’s shares in GungHo to 58.5%. In case you…