Publisher Stillfront has announced the acquisition of mobile game developer Jawaker for $205 million.
The company will pay 74% of the amount in cash and 26% in shares. The transaction is said to be completed on October 4.
With the acquisition, the publisher aims to expand its gaming portfolio and expand its presence in the MENA (Middle East and North Africa) region.
Founded in 2009, Jawaker has developed card and board games for mobile devices such as Tarneeb, Trix Complex and Baloot.
Stillfront Group is a Swedish-based company specializing in the acquisition and management of mobile, browser gaming studios.
Stillfront Group is a Swedish-based company specializing in the acquisition and management of mobile, browser gaming studios.