Applovin completes sale of mobile gaming business to tripledot studios

Palo alto, calif.--(business wire)--applovin corporation (nasdaq: app) ("applovin"), a leading marketing platform, today announced the successful completion of the sale of its mobile gaming business to tripledot studios for $400.0 million in cash, subject to closing adjustments, and equity consideration representing approximately 20% of tripledot's fully-diluted equity at the time of closing. no promissory note was issued as part of the transaction. the transaction, which was originally announc.
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