Supercell buys 51% of Badland game developer Frogmind for $7.8 million

Supercell has acquired a 51 percent stake in fellow Finnish mobile game developer Frogmind, the creator of the Badland series of mobile games. Supercell paid 7 million euros, or $7.8 million, for its stake.

Frogmind cofounder Johannes Vuorinen described the deal as a long-term partnership with Supercell, a fellow Helsinki-based company that has produced enormous mobile game hits such as Clash Royale and Clash of Clans. China’s Tencent acquired an 84 percent stake in Supercell earlier this year at a $10.2 billion valuation.