gamigo AG (via MGI) Acquires Substantially All Assets of Verve Wireless Inc.

January 23, 2020

gamigo AG, via its US-based subsidiary and parent Media and Games Invest (MGI), agreed to acquire substantially all assets of Verve Wireless Inc., a North American leader in programmatic mobile location-based display and video advertising. The deal includes Verve's technology, IP and team and is intended to expand gamigo/MGI's ad‑tech capabilities, strengthen user acquisition for mobile gaming and deepen the group's presence in the North American market; management expected low double‑digit million in additional net revenues and low single‑digit million in additional EBITDA for 2020.

Buyers
gamigo AG, Media and Games Invest (MGI)
Targets
Verve Wireless Inc.
Location
United States
Transaction Type
Buyout

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