Stillfront to Acquire 100% of Moonfrog Labs, Tiger Global and Sequoia India to Exit
Source(s): AVCJ
Sweden-based gaming studio Stillfront has agreed to acquire India-based mobile games developer Moonfrog Labs, facilitating an exit for Tiger Global Management and Sequoia Capital India. The acquisition will be a staged process, with the first tranche seeing Stillfront acquire 91% of the company for USD90m. Read more