Tripledot Studios has acquired AppLovin's entire games business for $800 million, including $400 million in cash and a 20% stake for AppLovin. This deal adds 10 studios and increases Tripledot's daily active users from 12 million to 25 million, with anticipated annual gross revenue of nearly $2 billion. The acquisition diversifies Tripledot's portfolio and shifts its revenue model to a 50/50 split between ads and in-app purchases. An IPO is a future possibility.

Tripledot Studios, one of the world’s fastest-growing mobile game developers, said it acquired U.S.-based AppLovin’s mobile games studio portfolio for approximately $800 million.This is a defining milestone in Tripledot’s journey as a company – as they go from being a high-performing challenger to a big global leader in mobile gaming. When the deal closes, Tripledot will have 12 studios globally across 23 cities and more than 2,500 team members serving 25 million daily active users and bringing in annual gross revenues of nearly $2 billion.This acquisition establishes Tripledot as a top five independent mobile gaming company by revenue globally and reaffirms Europe’s leading role in the mobile gaming space, following in the footsteps of the early successful mobile gaming companies like Rovio, Supercell and King.The half cash, half equity deal will see AppLovin become a minority shareholder in Tripledot Studios while allowing Tripledot to expand its footprint in key strategic markets, including the U.S. and Asia.Founded in London in 2017 by gaming industry veterans Lior Shiff, Akin Babayigit and Eyal Chameides, Tripledot Studios is one of the world’s largest casual games developers. Tripledot Studios has developed and operates over 25 live games, including hit titles like Woodoku, Solitaire.com, Nut Sort and Triple Tile, and has been profitable from its second year of operation. In 2023 Tripledot was named as the fastest growing company in Europe by the Financial Times.“Creating and operating games is our passion,” said Lior Shiff, CEO of Tripledot Studios, in a statement. “Our mission is to become the world’s most successful mobile game studio

UK-based mobile games developer Tripledot Studios has announced the acquisition of AppLovin’s mobile gaming studio portfolio in a deal valued at approximately $800M, marking one of the largest consolidations in the mobile gaming sector to date.The transaction - structured as half cash and half equity - will make AppLovin a minority shareholder in Tripledot and significantly expand the acquirer’s global footprint and talent base.Subject to regulatory approvals and completion, the acquisition will bring Tripledot’s total to 12 studios across 23 cities, with more than 2,500 employees and an active player base of 25 million daily users. Annual gross revenues are projected to reach nearly $2 billion, placing Tripledot among the top five independent mobile gaming companies in the world by revenue.Tripledot already operates from offices in London, Warsaw, Minsk, Barcelona, Jakarta, and Melbourne. The new studios span an additional 17 cities across North America, Europe, and Asia.“This is a big step towards achieving our goal—taking us from being a high-performing challenger to a true global leader,” said Lior Shiff, co-founder and CEO of Tripledot Studios. “It gives us additional scale, diversification and access to the best talent globally. We’re thrilled to welcome these incredible teams to Tripledot.”The acquisition is a notable validation of Europe's maturing gaming ecosystem. Tripledot now follows in the footsteps of earlier European mobile gaming giants like Rovio, King, and Supercell, helping reaffirm the region’s influence on a sector historically dominated by U.S