M&A Deal Summary

Netmarble Acquires SpinX Games

On August 2, 2021, Netmarble acquired gaming company SpinX Games for 2.2B USD

Acquisition Highlights
  • This is Netmarble’s 1st transaction in the Gaming sector.
  • This is Netmarble’s largest (disclosed) transaction.
  • This is Netmarble’s 1st transaction in China.

M&A Deal Summary
Date 2021-08-02
Target SpinX Games
Sector Gaming
Buyer(s) Netmarble
Deal Type Add-on Acquisition
Deal Value 2.2B USD

Target

SpinX Games

Hong Kong, China
website
SpinX Games is a Social Casino gaming company with mobile games such as Cash frenzy, Lotsa Slots and Jackpot World. SpinX Games is based in Hong Kong.

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Buyer(S) 1

Buyer

Netmarble

Seoul, South Korea

website

Category Company
Founded 2000
Sector Digital Media
Revenue 2,673.4B KRW (2022)
DESCRIPTION

Netmarble develops and publishes online and mobile games internationally. The company engages in apparel, asset management, real estate development, and advertising and marketing businesses. Netmarble was founded in 2000 and is based in Seoul, South Korea.

DEAL STATS #
Overall 1 of 1
Sector (Gaming) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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