Media and Games Invest: Acquisition of AxesInMotion
Research Note
2022-04-29
08:37
Redeye provides a take on Media and Games Invest (MGI) recent acquisition of the mobile games developer AxesInMotion. We view the acquisition as strategically solid but are concerned about the paid multiple, which seems a bit high at first glance.
VL
DZ
Viktor Lindström
Danesh Zare
Disclosures and disclaimers