Tripledot Studios Acquires AppLovin’s Mobile Games Studio Portfolio for ~$800M

AppLovin Acquires Machine Zone

May 15, 2020

Media & Entertainment

AppLovin announced it will acquire Machine Zone, the developer behind Game of War, Mobile Strike and Final Fantasy XV: A New Empire. The deal will combine Machine Zone's game franchises and real-time engagement technology with AppLovin's studios and mobile marketing platform to expand AppLovin's leadership in mobile gaming; terms were not disclosed.

AppLovin Acquires Twitter MoPub Business

January 3, 2022

Marketing & Advertising

AppLovin completed its acquisition of Twitter, Inc.’s MoPub ad monetization business for $1.05 billion in cash. The deal combines MoPub with AppLovin’s MAX to create an integrated in-app advertising and monetization platform aimed at improving publisher monetization efficiency and expanding advertiser reach.

Take-Two Interactive Acquires Playdots

August 18, 2020

Software

Take-Two Interactive has entered into a definitive agreement to acquire mobile games developer Playdots for $192 million, comprised of $90 million in cash and the remainder in newly issued Take-Two common stock. Playdots, a New York City–based studio known for Two Dots and other casual free-to-play titles, will remain led by CEO Nir Efrat and its ~70 employees following the closing, expected in Q3 2020.

Scopely to Acquire Majority Stake in “Pixel Flow!” Studio

February 19, 2026

Media & Entertainment

Scopely entered into a definitive agreement to acquire a majority stake in the Istanbul-based development studio behind the hybrid-casual mobile puzzle game “Pixel Flow!”. The deal expands Scopely’s development footprint in Turkey as the founding team continues to lead the studio from Istanbul.

Supernova Capital Acquires Mi-Clos Studio and Little Red Dog Games

February 17, 2023

Media & Entertainment

London-based private equity firm Supernova Capital has acquired 100% of French developer Mi-Clos Studio and New York-based Little Red Dog Games. The deals — terms undisclosed — expand Supernova's gaming portfolio and give it ownership of established IP including "Out There" and "Rogue State."

DoubleU Games Acquires Paxie Games (Merge Studio: Fashion Makeover)

March 25, 2025

Media & Entertainment

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.