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

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