Overwolf today announced it has acquired Tebex for $29 million. Tebex is a platform that allows users in certain games to monetize private servers. This expands Overwolf’s options for users who wish to monetize their user-generated content.
Tebex provides multiple options for users who wish to make money from private servers, including the setup of webstores and managing payouts to creators. Tebex’s solution currently works with games like Rust, Ark: Survival Evolved, and Minecraft, and allegedly has helped creators earn $500 million. Tebex will continue to operate as usual from within Overwolf.
GamesBeat