Stride expands into social gaming with £25m acquisition

Bingo-led operator Stride Gaming acquires mobile-focused social gaming firm InfiApps

Online bingo operator Stride Gaming today announced its expansion into the social gaming market through the acquisition of mobile-focused firm InfiApps for US$39.2m (£25m). Stride will pay an initial consideration of $21.2m (£13.6m) in cash for the Israel-based mobile gaming company, as well as an additional earn out of up to $18m (£11.6m) based on…

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