M&A Deal Summary

Wooree Games Acquires Double Down Interactive

On April 18, 2017, Wooree Games acquired digital media company Double Down Interactive from International Game Technology

Acquisition Highlights
  • This is Wooree Games’ 1st transaction in the Digital Media sector.
  • This is Wooree Games’ 1st transaction in the United States.
  • This is Wooree Games’ 1st transaction in Wisconsin.

M&A Deal Summary
Date 2017-04-18
Target Double Down Interactive
Sector Digital Media
Buyer(s) Wooree Games
Sellers(s) International Game Technology
Deal Type Divestiture

Target

Double Down Interactive

Seattle, Wisconsin, United States
Double Down Interactive is a major casual games developer of "fun to play" casino experiences on the Internet. With veterans from top online game companies, the team is committed to providing consumers an online social casino experience that is unrivaled by anything else available.

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Buyer(S) 1

Buyer

Wooree Games

Seoul, South Korea
Category Company
Founded 2012
Sector Digital Media
DESCRIPTION

DoubleUGames Co. Ltd. the world's most popular game genres in which to develop a single, Social Casino Games "W. Casino", as well as the North American market based on the Facebook world 120 It is a global game development company that serves in oversea countries.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

International Game Technology

London, United Kingdom
Category Company
Founded 2014
Sector Gaming
Employees11,000
Revenue 4.3B USD (2023)
DESCRIPTION

International Game Technology is a provider of casino gaming entertainment and continues to transform the industry by translating casino player experiences to social, mobile and interactive environments for markets around the world. International Game Technology was founded in 2014 and is based in London, England.

DEAL STATS #
Overall 2 of 3
Sector (Digital Media) 1 of 1
Type (Divestiture) 2 of 3
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-08 Leap Forward Gaming - Intellectual Property

Reno, Nevada, United States

Leap Forward Gaming, Inc. - Intellectual Property includes several patents and other intellectual property.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Lottomatica Holding Srl

Rome, Italy

Lottomatica Holding Srl is an international company that provides B2C gaming machines, sports betting, and digital gaming businesses based in Rome, Italy.

Sell €950M
Mergr

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Company

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