Shape Games, a front-end innovation provider, has been acquired by Kambi Group for a starting price of € 38.5 million. If performance-related bonuses are satisfied, the cost might increase to € 78.1 million.
Acquisition Information
The purchase of the Danish tech firm reflects Kambi's efforts to boost its mobile capacities, which generates the lion's share of the firm’s betting income. The European company was acquired by Kambi after a previous collaboration between them.
After the announcement of the agreement, Kambi’s Kristian Nylen stated that the firm has always been open about the aim to purchase solutions and expertise that would improve its wagering offering. Shape Games will certainly do that, according to the expert.
Expectations from the Merger
Mr Nylen has had recent experience collaborating directly with the partner and its knowledgeable staff.
The representative has seen firsthand how the ally’s solutions:
- help operators get the most out of Kambi’s betting products;
- supply distributors with the control needed to grant the best user experience.
Christian Risom, a spokesman for Shape Games, mentioned that the studio is delighted to partner with the top betting supplier in the sector. He says it is great to expand the collaboration as both companies have been cooperating tightly for some time.
The developers will have an unrivalled gambling proposal when they work jointly. It concerns all spheres: web, mobile and offline.
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