MTG completes $620 million acquisition of Plarium to strengthen European gaming portfolio
Acquiring Company
Modern Times Group (MTG)
Acquired Company
Plarium
Stockholm
HerzliyaGamingGamingDescription
Stockholm-based digital entertainment company Modern Times Group (MTG) has successfully acquired 100% of Plarium, a game development studio known for creating the popular game RAID: Shadow Legends. The acquisition will enable MTG to strengthen its position as a leading European gaming group and leverage Plarium's expertise, technology, and human resources to drive future growth and innovation in the gaming industry.
Quick answer
Modern Times Group (MTG) is acquiring Plarium for $620 million, announced February 12, 2025. Modern Times Group (MTG) is based in Stockholm, Stockholm County, Sweden.
- How much did Modern Times Group (MTG) pay for Plarium?
- The reported deal value is $620 million.
- What does Modern Times Group (MTG) do?
- MTG (Modern Times Group MTG AB (publ.)) is an international mobile gaming group that owns and operates gaming studios with popular global IPs across a wide range of casual and midcore genres.
- Where are Modern Times Group (MTG) and Plarium based?
- Modern Times Group (MTG) is based in Stockholm, Stockholm County, Sweden. Plarium is based in Herzliya, Tel Aviv, Israel.
- Who are the decision-makers at Modern Times Group (MTG)?
- Fundz holds 5 contacts at Modern Times Group (MTG). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- MTG completes acquisition of gaming company Plarium Global to drive future growth (February 12, 2025)
- Buffalo Games acquires Boogie Board for creativity (March 25, 2025)
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Who to call at Modern Times Group (MTG), and when
When Modern Times Group (MTG) changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Modern Times Group (MTG) raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Modern Times Group (MTG), from your own LinkedIn network
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Frequently asked
Who acquired Plarium?
Plarium was acquired by Modern Times Group (MTG), based in Stockholm. The deal was reported on February 12, 2025. MTG (Modern Times Group MTG AB (publ.)) is an international mobile gaming group that owns and operates gaming studios with popular global IPs across a wide range of casual and midcore genres. Modern Times Group (MTG) is privately held and operates in Gaming.
When did Modern Times Group (MTG) acquire Plarium?
Modern Times Group (MTG)'s acquisition of Plarium was reported on February 12, 2025. Stockholm-based digital entertainment company Modern Times Group (MTG) has successfully acquired 100% of Plarium, a game development studio known for creating the popular game RAID: Shadow Legends. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Plarium do?
Plarium is an international gaming company founded in 2009, headquartered in Israel, with over 1,300 employees across Europe. Plarium has built a global footprint for its games and a resilient business based on popular evergreen IPs. It is privately held, operating in Gaming, and is based in Herzliya.
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