Storm8‘s years of making mobile games paid off this week when Stillfront Group agreed to buy the Redwood City, California-based company for $300 million in cash and stock.
The deal says a lot of things about the value that a small team can create in the $100 billion mobile game industry (well, at least according to AppAnnie’s forecast). For Stillfront, it represents yet another bet on mobile games after the Swedish company’s acquisitions of Kixeye and Goodgame Studios.
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