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OnMobile Global inks agreement to acquire Appland AB

12 Oct 2018 Evaluate

OnMobile Global has signed a definitive agreement to acquire Appland AB, one of the world's most popular games and kids App Clubs subscription services. This acquisition reflects the increasing importance of OnMobile's strategy to become a leader in the fast-growing mobile games market and expands its games footprint to all continents.

Appland AB is a pioneer in cloud-based mobile distribution and Monetization Company. Appland provides premium games and kids apps as a white-labeled subscription service to more than 80 carriers in over 40 countries.

OnMobile, headquartered in Bangalore, India, and with offices in all regions of the world, delivers over 575 million music plays daily to mobile customers worldwide.

Peers
Company Name CMP
TCS 2126.90
Infosys 1017.00
HCL Technologies 1220.00
Wipro 161.60
Tech Mahindra 1470.00
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