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Posted by
Two Blokes May 8 -
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Stock
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LONDON--(BUSINESS WIRE)-- #GameOn--Tripledot Studios, one of the world's fastest-growing mobile game developers, is today announcing the acquisition of AppLovin's mobile games studio portfolio for approximately $800 million. The half cash, half equity deal will see AppLovin become a minority shareholder in Tripledot Studios while allowing Tripledot to expand its footprint in key strategic markets, including the US and Asia. As a result of this deal and subject to its closing, Tripledot Studios will opera.