Mobile games developer Voodoo gets investment from GBL

Tuesday 3 August 2021 | 16:23 CET | News
Groupe Bruxelles Lambert (GBL) entered a definitive agreement to acquire a minority stake in Voodoo, a French developer and publisher of mobile games, in order to support the company's future development, including through M&A. GBL will invest EUR 266 million, mostly through newly-issued preferred shares at an equity value (post money) of EUR 1.7 billion, translating into a 16 percent stake for GBL. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: Groupe Bruxelles Lambert / Tencent / Voodoo
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Storms launches mobile games studio, partnership with Voodoo

Published 17 Aug 2021 11:23 CET | Asia
Singapore-based gaming startup Storms launched its mobile game studio Storms Studio and a strategic partnership with hyper-casual ...

Plarium agrees to buy Finland's Futureplay

Published 03 Aug 2021 13:31 CET | Finland
Israeli provider of mobile and PC games Plarium has announced an agreement to acquire Finnish game Futureplay, the creator of ...

Cambodia's Smart partners with Mobile Legends creator Moonton, launches esports league

Published 22 Jul 2021 07:37 CET | Cambodia
Cambodian operator Smart Axiata has signed a partnerships agreement with Moonton, the creator of Mobile Legends: Bang Bang ...

Mail.ru acquires game developer Belngame

Published 15 Jul 2021 16:34 CET | Russian Federation
Russian internet company Mail.ru Group has disclosed more details about its acquisition of mobile game developer Belngame, ...

French mobile games publisher Voodoo acquires Tel Aviv-based Bidshake

Published 14 Jun 2021 12:14 CET | World
French mobile games publisher Voodoo has acquired Tel Aviv-based Bidshake, cross-channel marketing automation platform for mobile ...