M&A Deal Summary

MOBA Network Acquires ResetEra

On October 14, 2021, MOBA Network acquired digital media company ResetEra for 5M USD

Acquisition Highlights
  • This is MOBA Network’s 1st transaction in the Digital Media sector.
  • This is MOBA Network’s largest (disclosed) transaction.
  • This is MOBA Network’s 1st transaction in the United States.
  • This is MOBA Network’s 1st transaction in New York.

M&A Deal Summary

Date 2021-10-14
Target ResetEra
Sector Digital Media
Buyer(s) MOBA Network
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

ResetEra

New York, New York, United States
ResetEra provides gaming news, announcements, analysis, and freeform discussion. ResetEra is based in New York, New York.

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Buyer(S) 1

Buyer

MOBA Network

Stockholm, Sweden

Category Company
Founded 2018
Sector Digital Media
Employees10
Revenue 273M SEK (2023)
DESCRIPTION

MOBA Network acquires, develops, and operates gaming communities for the global gaming market. The company owns networks in gaming communities, with 20 web-based global brands and the YouTube network Union For Gamers (UFG) with over 1,000 content creators. The company's business areas consist of advertising sales on the company's communities and video sales via the YouTube network. MOBA Network was formed in 2018 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1