Media and Games Invest acquires AxesInMotion in entirety for $58 million

Media and Games Invest (MGI) has entered an agreement with mobile game developer AxesInMotion to acquire the entirety of its shares . Spain-based AxesInMotion develops free-to-play mobile games and has accumulated more than 700 million downloads worldwide, with the vast majority of its revenues generated via in-game advertising. Following the acquisition, the developer will contribute […]

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