UK developer and insights firm Playmob has been acquired by Sphaira Innovation for an undisclosed sum.
09.05.2024 - 19:47 / gamesindustry.biz
The user-generated content marketplace Overwolf has snapped up Nitropay.
While the exact amount was not provided, the acquisition is said to be an eight-figure deal.
Nitropay, founded in 2017, offers services such as organizing auctions for video advertisements and a customizable video player for websites' ads' instream and outstream.
With the acquisition, the ad tech firm will rebrand into Nitro.
"Advertising in games is set to explode, with projections indicating that by 2027, ad spend in games and social networks will make up approximately 70% of total advertising expenditure.
"With the acquisition of Nitro, Overwolf is not just expanding its reach; we're enhancing our commitment to revolutionizing gaming ad tech," said Overwolf CEO Uri Marchand.
UK developer and insights firm Playmob has been acquired by Sphaira Innovation for an undisclosed sum.
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Modern Times Group has announced the acquisition of AutoAttack Games via its wholly-owned studio Ninja Kiwi.
One of the biggest annual trade shows for the movie industry, CinemaCon is an event that has become more and more of a mainstay in the annual pop culture sphere. Specifically dedicated to both movies as well as the craft of physical movie theaters, there was no better stage for Crunchyroll to announce a large slate of theatrical film releases for the North American market and beyond.
RollerCoaster Tycoon 3, one of the most widely beloved classic PC titles, has seen a change in ownership. Developer Frontier Developments has sold the rights to the game to Atari for a sum of $7 million, it’s been announced.
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