On BSE, so far 53,000 shares were traded in the counter as against average daily volume of 23,000 shares in the past two weeks. The stock hit a high of Rs 37.70 and a low of Rs 33.15 so far during the day.
OnMobile Global announced it has signed a definitive agreement to acquire Appland AB. 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.
Appland AB is a pioneer in cloud-based mobile distribution and monetization company headquartered in Gothenburg, Sweden. Appland provides premium games and kids apps as a white-labeled subscription service to more than 80 carriers in over 40 countries.
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