DoubleU Games Acquires Paxie Games (Merge Studio: Fashion Makeover)
March 25, 2025
DoubleU Games, a Korean social casino mobile game developer, completed its acquisition of Turkey-based Paxie Games. The deal gives DoubleU Games an initial 60% stake for about $29.9 million (reported as $27 million in another source), with the remaining ownership acquired via a three-year earnout tied to financial targets.
- Buyers
- DoubleU Games Co., Ltd.
- Targets
- Paxie Games
- Industry
- Media & Entertainment
- Location
- Turkey
- Transaction Type
- Buyout
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