{"id":5561,"date":"2022-01-23T00:30:52","date_gmt":"2022-01-23T07:30:52","guid":{"rendered":"https:\/\/www.gamesround.com\/blog\/?p=5561"},"modified":"2022-01-23T00:50:52","modified_gmt":"2022-01-23T07:50:52","slug":"stillfront-group-acquires-mobile-publisher-6waves-for-201m","status":"publish","type":"post","link":"https:\/\/www.gamesround.com\/blog\/stillfront-group-acquires-mobile-publisher-6waves-for-201m","title":{"rendered":"Stillfront Group Acquires Mobile Publisher 6Waves For $201M"},"content":{"rendered":"\n<p>Hong Kong-based social mobile game publisher <a href=\"https:\/\/www.gamesround.com\/blog\/nexon-to-sell-its-stake-in-6waves-to-stillfront-for-93m\" title=\"Nexon To Sell Its Stake In 6Waves To Stillfront For $93M\">6Waves<\/a> has announced that the <a href=\"https:\/\/www.gamesround.com\/blog\/stillfront-buys-mobile-strategy-game-rise-of-firstborn\" title=\"Stillfront Buys Mobile Strategy Game Rise Of Firstborn\">Stillfront Group<\/a> will acquire it for $201 million.<\/p>\n\n\n\n<p>Stillfront said the acquisition would be paid out in cash 92% of the time, with the remaining 8% payable in new shares. The deal includes acquiring the 34.8 percent stake once owned by Nexon for $93 million.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>Stillfront CEO J\u00f6rgen Larsson commented: &#8220;We are very excited to be able to welcome 6Waves to the Stillfront family. Stillfront has a long and proven history of developing and publishing evergreen strategy games, and 6Waves&#8217; titles fit perfectly into our portfolio. Expanding our presence in East Asia and, specifically, Japan has been a strategic priority for Stillfront, and we are happy that we have found such a talented team to help us on that journey. 6Waves has built a very strong reputation as the leading publisher of strategy games in the Japanese market, and we cannot wait to work closer with them as a part of Stillfront.&#8221;<\/p><\/blockquote>\n\n\n\n<p>&#8220;We are incredibly happy to become a part of the Stillfront family. Stillfront has built an impressive position within free-to-play globally, and we look forward to playing an important role in the group&#8217;s expansion in Japan and East Asia, &#8220;said Rex Ng, 6Waves president.<\/p>\n\n\n\n<p>6Waves said its non-core games portfolio has been divested and won&#8217;t be a part of the transaction.<\/p>\n\n\n\n<p>Earlier, Tokyo-based publisher <a href=\"https:\/\/www.gamesround.com\/blog\/nexon-pours-400m-in-russo-bros-production-firm-agbo\" title=\"Nexon Pours $400M In Russo Bros\u2019 Production Firm AGBO\">Nexon<\/a> announced that it will sell its 34.8 percent stake in 6Waves for $93 million to Stillfront Group.<\/p>\n\n\n\n<p>Meanwhile, Stillfront took over the mobile strategy game Rise of Firstborn from <a href=\"https:\/\/www.gamesround.com\/blog\/netmarble-to-buy-mobile-casino-game-dev-spinx-games-for-2-19b\" title=\"Netmarble To Buy Mobile Casino Game Dev SpinX Games For $2.19B\">Netmarble Corporation<\/a> for an unknown sum last year.<\/p>\n\n\n\n<p><em>Send your news to news@gamesround.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based social mobile game publisher 6Waves has announced that the Stillfront Group will acquire it for $201 million. Stillfront said the acquisition would be paid out in cash 92% of the time, with the remaining 8% payable in new shares. The deal includes acquiring the 34.8 percent stake once owned by Nexon for $93 [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":5562,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[1250,125,205,61],"_links":{"self":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5561"}],"collection":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/comments?post=5561"}],"version-history":[{"count":3,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5561\/revisions"}],"predecessor-version":[{"id":5565,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/5561\/revisions\/5565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media\/5562"}],"wp:attachment":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media?parent=5561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/categories?post=5561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/tags?post=5561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}