Imperus Technologies to buy VC-backed Akamon Entertainment
Imperus Technologies Corp (TSX-V: LAB) has agreed to acquire Akamon Entertainment Millennium SL, a developer and publisher of social games in Latin America and Southern Europe. The purchase price is about US$25.6 million, payable in cash and securities. Imperus, the Mississauga Ont.-based parent company of Diwip, a developer of social and mobile gaming, said the deal will give it access to talent and a market presence in South America, including Brazil, and several European countries. Based in Barcelona, Spain, Akamon has raised venture capital funding from a number of investors, including Axon Investment and Bonsai Venture Capital.
9 September 2015•6 mins read
