Hero Wars RPG is the main revenue generator for Nexters.

Hero Wars maker Nexters goes public in SPAC at $1.9B valuation

Mobile game maker Nexters is going public today through a special purpose acquisition company (SPAC) in a deal that values the company at an enterprise value of $1.9 billion.

Under the terms of the deal, Nexters and its shareholders will get a total of $132 million. About half of that will go into the company, while shareholders at Nexters will get the rest.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.