In a dazzling power play that jolted the mobile gaming arena, Tripledot Studios announced Thursday it will acquire AppLovin’s entire mobile games studio portfolio for a jaw-dropping $800 million, a move poised to vault the British game developer from fast-rising upstart to global heavyweight.
The deal—struck with surgical precision—will be paid half in cash and half in equity, transforming AppLovin into a minority shareholder in Tripledot. Behind the scenes, Latham & Watkins LLP advised Tripledot, while Wilson Sonsini Goodrich & Rosati PC stood by AppLovin’s side.
From Challenger to Champion: Tripledot’s Global Ambitions
“Our mission is to become the world’s most successful mobile game studio,” said Tripledot CEO Lior Shiff. “Acquiring AppLovin’s games portfolio is a big step toward achieving that goal — taking us from being a high-performing challenger to a true global leader.”
The acquisition will supercharge Tripledot’s scale, giving it control of 10 game studios behind household titles like Wordscapes, Project Makeover, and Game of War. The company’s workforce will swell to 2,500 employees across 23 cities, putting it toe-to-toe with the industry’s top players.
