SoftBank boosts its stake in Clash of Clans developer Supercell to 73 percent

One of the biggest gaming ventures in Japan wants a larger stake in the Clash of Clans money-making machine.

SoftBank increased its stake in Clash of Clans developer Supercell by 22.7 percent, bringing its total share in the company to 73.2 percent. SoftBank originally acquired a 51 percent stake in the company in October 2013 for $1.5 billion. If Supercell was worth the same now as it was then, the new 22.7 percent would be worth about $660 million. However, SuperCell is worth more than it was in 2013 thanks to hits like Clash of Clans and Boom Beach.

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Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.