News/Fall Damage to be Acquired by Fragbite: Difference between revisions

From TwogPedia
News/Fall Damage to be Acquired by Fragbite
(Created page with "{{News |seo_title=Fall Damage to be Acquired by Fragbite |seo_keywords=Fragbite |image=Fragbite.png |tags=Fragbite |date=2023-10-12T17:12:10.000Z |sources={{NewsSource |source=Games Industry |url=https://www.gamesindustry.biz/fragbite-to-acquire-fall-damage |article=News/Fall Damage to be Acquired by Fragbite }} |author=Andura |category=Business |content=Fragbite announced the acquisition of Fall Damage. Fragbite will pay SEK 20 million ($1.8 milli...")
 
No edit summary
 
Line 11: Line 11:
}}
}}
|author=Andura
|author=Andura
|category=Business
|category=Business,Mergers and Acquisitions
|content=[[Companies/Fragbite|Fragbite]] announced the acquisition of Fall Damage. Fragbite will pay SEK 20 million ($1.8 million) for this acquisition. Half of the payment will be in cash the other half in stocks.  
|content=[[Companies/Fragbite|Fragbite]] announced the acquisition of Fall Damage. Fragbite will pay SEK 20 million ($1.8 million) for this acquisition. Half of the payment will be in cash the other half in stocks.  



Latest revision as of 17:19, 12 October 2023

Fragbite.png
Fall Damage to be Acquired by Fragbite

Business Mergers and Acquisitions

12 October 2023 17:12

Fragbite announced the acquisition of Fall Damage. Fragbite will pay SEK 20 million ($1.8 million) for this acquisition. Half of the payment will be in cash the other half in stocks.

Marcus Teilman, President and CEO stated “The acquisition is optimal for Fragbite Group as it enables considerable synergies, where both Fall Damage’s excellence and the game ALARA Prime lay the foundation for several parallel revenue streams over time. During a period of exclusivity, we already engaged with our global network and are thus in an advanced position to negotiate a publishing deal.”

Fall Damage was founded by Anders Gyllenberg, Mikael Kalms, Markus Nyström, and Dan Vanderlind in 2017.

Tags: Fragbite
Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
Games Industry.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png


Fragbite.png
Fall Damage to be Acquired by Fragbite

Business Mergers and Acquisitions

12 October 2023 17:12

Tags: Fragbite

Fragbite announced the acquisition of Fall Damage. Fragbite will pay SEK 20 million ($1.8 million) for this acquisition. Half of the payment will be in cash the other half in stocks.

Marcus Teilman, President and CEO stated “The acquisition is optimal for Fragbite Group as it enables considerable synergies, where both Fall Damage’s excellence and the game ALARA Prime lay the foundation for several parallel revenue streams over time. During a period of exclusivity, we already engaged with our global network and are thus in an advanced position to negotiate a publishing deal.”

Fall Damage was founded by Anders Gyllenberg, Mikael Kalms, Markus Nyström, and Dan Vanderlind in 2017.

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
Games Industry.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

Scraped: