supercell News - MMOs.com

Supercell: "2016 Was Our Best Year So Far"

February 15, 2017 Sean Sullivan Comments

Despite 2016 being a year of flat growth, Supercell CEO Ilkka Paananen told reporters that 2016 is the company's "best year so far." I think I would be happy too if my stagnation meant only reeling in $2.3 billion. But Supercell raked in $1 billion before taxes, up from $897 million from the previous year. I'm sure Tencent is pleased. Supercell faced stiff [...]

Tencent Pays $10.2 Billion For Majority Stake In Supercell

June 21, 2016 Matt Chelen Comments

Tencent announced today that it will be paying "an equity value of approximately USD 10.2 billion" to acquire "up to 84% of Supercell," creators of Clash of Clans and Clash Royale, from SoftBank. "A definitive agreement" has been signed and the transaction is "currently expected to close during the third calendar quarter of 2016." Once the transaction has closed, SoftBank [...]