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Acquisition

MTG Buys Raid: Shadow Legends Maker Plarium

The Modern Times Group, holder of InnoGames and Snowprint Studios, has acquired Israelian game maker Plarium, developer of Raid: Shadow Legends. The acquisition has cost 620 million dollar.

Pascal Wagner12.11.2024 08:36
Raid: Shadow Legends
Became almost meme-worthy due to its aggressive YouTube ad strategy: Raid: Shadow Legends by Plarium Plarium, MTG

The InnoGames mother Modern Times Group (MTG), situated in Stockholm, has bought another developer: Plarium, the Israelian studio behind Raid: Shadow Legends, has been acquired for 620 million dollar. The company had set itself up for sale in May 2024.

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