DoubleDown Interactive Completes Acquisition of German Social Casino Developer WHOW Games for €55 Million
DoubleDown Interactive Co., Ltd. (NASDAQ: DDI), a prominent gaming company known for delivering exceptional player experiences, has completed the acquisition of WHOW Games GmbH, a social casino developer based in Hamburg, Germany. The transaction, initially announced earlier, was finalized for €55 million (approximately $64.3 million). The deal includes a potential additional earn-out payment of up to €10 million, contingent on WHOW Games achieving certain performance targets in the first two years post-acquisition. This strategic move is expected to enhance DoubleDown's portfolio in the social casino sector.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DoubleDown Interactive Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9494032-en) on July 14, 2025, and is solely responsible for the information contained therein.
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