China’s biggest gaming group Tencent Holdings Ltd (0700.HK) is to buy a majority stake in ‘Clash of Clans’ mobile game maker Supercell from SoftBank Group Corp (9984.T) in a deal valued at roughly $8.6 billion.
That’s impressive.
According to Supercell’s blog:
The total equity value of $10.2 billion dollars also recognizes the value of the phenomenal company that our people have built.
Whether it is $8.6 billion or $10.2 billion, Supercell has become one of the major developers of mobile gaming. As of June 21, 2016, Supercell has 2 games on U.S. iTunes App Store Top Grossing Apps, Clash of Clans and Clash Royale at number 4 and 6, respectively.
What’s really interesting from Supercell’s blog:
Tencent’s people seem to love games as much as we do. In fact, in one of my meetings with Martin (their President), he had just dropped out from Clash Royale global top-100 players
The President of Tencent likes Supercell games so much, he acquires the company.
Currently Supercell has four games:
- Clash of Clans
- Hay Day
- Boom Beach
- Clash Royale
