Doubledown Interactive Completes Acquisition Of Igaming Operator, Suprnation
Acquiring Company
DoubleDown Interactive
Acquired Company
SuprNation
SliemaMobileGamingDescription
DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading developer and publisher of digital games on mobile and web-based platforms, announced today the completion of its previously announced acquisition of iGaming operator, SuprNation AB (“SuprNation”), for total cash consideration of approximately $36.5 million(1) (€34.3 million). The acquisition diversifies the digital games categories that DoubleDown addresses with the addition of three real-money iGaming sites in Western Europe. Following the closing, Mr. In Keuk Kim, Chief Executive Officer of the Company, will be appointed as the Chairman of SuprNation.
Quick answer
DoubleDown Interactive is acquiring SuprNation, announced October 31, 2023.
- How much did DoubleDown Interactive pay for SuprNation?
- The deal value was not disclosed.
- What does DoubleDown Interactive do?
- DoubleDown Interactive, Co. Ltd. is a leading developer and publisher of digital games on mobile and web-based platforms.
- Where are DoubleDown Interactive and SuprNation based?
- SuprNation is based in Sliema, Central Region, Malta.
- Who are the decision-makers at DoubleDown Interactive?
- Fundz holds 2 contacts at DoubleDown Interactive. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired SuprNation?
SuprNation was acquired by DoubleDown Interactive. The deal was reported on October 31, 2023. DoubleDown Interactive, Co. Ltd. is a leading developer and publisher of digital games on mobile and web-based platforms. DoubleDown Interactive is publicly traded (DDI) and operates in Mobile.
When did DoubleDown Interactive acquire SuprNation?
DoubleDown Interactive's acquisition of SuprNation was reported on October 31, 2023. DoubleDown Interactive Co., Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SuprNation do?
SuprNation is a technology company founded in 2015 to serve as a home for some of the most competent and creative people in the iGaming industry. It is privately held, and is based in Sliema.
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