To expand its presence in mobile gaming businessOnMobile Global announced that its subsidiary, OnMobile 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 subscription services.
This acquisition reflects the increasing importance of OnMobile's strategy to become a leader in the fast-growing mobile games market and expands its games footprint to all continents. OnMobile also announced that Jonatan Redvik, CEO and Founder of Appland, will take up the Vice-President role of its newly-formed Games Subscription Business Unit (GSBU) and Appland's CTO Henrik Lewander would assume the role of CTO of GSBU.
Appland AB is a pioneer in cloud-based mobile distribution and monetization company headquartered in Gothenburg, Sweden. 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 monetization services to several well-known telecom operators and global corporates across the world, such as Reliance Jio, Ericsson and Ooredoo.
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