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OnMobile Global acquires Swedish Appland AB

Capital Market 

To expand its presence in mobile gaming business

Global announced that its subsidiary, Europe BV has entered into an agreement on 11 October 2018 for acquisition of 100% shares of Appland AB, one of the world's most popular games and kids App Clubs

This acquisition reflects the increasing importance of OnMobile's strategy to become a in the fast-growing mobile games market and expands its games footprint to all continents. also announced that Jonatan Redvik, of Appland, will take up the of its newly-formed (GSBU) and Appland's would assume the role of of GSBU.

is a pioneer in cloud-based mobile distribution and monetization company headquartered in Gothenburg, Appland today provides premium games and kids apps as a white-labeled subscription service to more than 80 carriers in over 40 countries. It also offers white-label App stores with curated international and local content. Appland was founded in 2011 and provides its cloud-based app-distribution, subscription and to several well-known telecom operators and global corporates across the world, such as Reliance Jio, and

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First Published: Fri, October 12 2018. 09:56 IST