Mail.ru Group's gaming division, My.Games, has acquired a controlling stake in the Belarusian hyper-casual game developer Mamboo Games. The amount of the share was not disclosed.
As part of the deal, My.Games will pay more than $2 million at close, as well as a deferred payment, the amount of which will be determined depending on the performance of the business.
To date, Mamboo Games, with a staff of 35, has developed over 30 projects.
In the fall of 2020, My.Games reported having invested in Mamboo Games. The terms of the deal were not disclosed.
FAS Russia (Federal Antimonopoly Service)