Softbank And Gungho Announce Strategic Investment Of Usd 1.5 Billion In Supercell


SoftBank and GungHo Announce Strategic Investment of USD 1.5 Billion in SupercellMobile games company Supercell received a $1.5 billion “strategic investment” from SoftBank and GungHo, which it said will “accelerate Supercell towards our goal of being the first truly mobile games company, and gives us enough time to get there”.

SoftBank is putting up 80 per cent of the cash, with GungHo contributing 20 per cent. They will acquire a 51 per cent stake via a company incorporated in Finland – Supercell’s home country: “Our operations remain in Finland, our management team remains in Finland and in San Francisco, and we continue to pay taxes in Finland.”
Supercell’s Clash of the Clans is a regular in the top grossing chart of Apple’s App Store, thanks in no small part to its success in Asia.