LONDON--(BUSINESS WIRE)--May 8, 2025--
Tripledot Studios, one of the world’s fastest-growing mobile game developers, is today announcing the acquisition of AppLovin’s mobile games studio portfolio for approximately $800 million. The half cash, half equity deal will see AppLovin become a minority shareholder in Tripledot Studios while allowing Tripledot to expand its footprint in key strategic markets, including the US and Asia. As a result of this deal and subject to its closing, Tripledot Studios will operate a total of 12 studios with more than 2,500 team members across 23 cities globally. Tripledot will have over 25 million daily active users and annual gross revenues of nearly $2 billion, making it one of the top five independent mobile game studios globally by revenue.
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Founded in London in 2017 by gaming industry veterans Lior Shiff, Akin Babayigit and Eyal Chameides, Tripledot Studios is one of the world’s largest casual games developers. Tripledot Studios has developed and operates over 25 live games, including hit titles like Woodoku, Solitaire.com, Nut Sort and Triple Tile, and has been profitable from its second year of operation. In 2023 Tripledot was named as the fastest growing company in Europe by the Financial Times.
“Creating and operating games is our passion,” said Lior Shiff, Co-Founder and CEO of Tripledot Studios. “Our mission is to become the world’s most successful mobile game studio. Acquiring AppLovin’s games portfolio is a big step towards achieving that goal - taking us from being a high-performing challenger to a true global leader. It gives us additional scale, diversification and access to the best talent globally. We’re thrilled to welcome these incredible teams to Tripledot.”
Tripledot Studios Strategic Rationale:
This acquisition brings three key strategic advantages that will set Tripledot Studios apart in the global mobile gaming industry:
Adam Foroughi, Co-founder and CEO of AppLovin, said: “Seven years ago, we began acquiring gaming studios to help train our earliest machine learning models. However, we've never been a game developer at heart. We have immense respect for the creativity it takes to build games, including from teams in our studios. Today, we're announcing we've finalized a deal to sell all of our Apps business to Tripledot Studios. I have watched Lior build his company from the ground up and I have immense respect for his and the Tripledot team’s ability to run a games company. Lior and his team are some of the best operators in the business and give me incredible confidence they are the right partner to help these studios thrive going forward.”
Tripledot Studios currently has offices in London, Warsaw, Minsk, Barcelona, Jakarta and Melbourne. They will be acquiring the following 10 studios and popular titles in an additional 17 cities across the North America, Europe and Asia:
The acquisition is expected to close by early summer 2025, pending regulatory approvals. Raine Group acted as the lead financial advisor, together with BofA Securities, and Latham & Watkins acted as the legal counsel for Tripledot Studios. Aream & Co acted as the financial advisor and Wilson Sonsini Goodrich & Rosati acted as the legal counsel for AppLovin.
About Tripledot Studios:
Founded in London in 2017 by gaming industry veterans Lior Shiff, Akin Babayigit and Eyal Chameides, Tripledot Studios mission is to be the most successful mobile games studio in history. Our games reach 25 million people around the world every day. In the last 6 years, Tripledot Studios has developed and operates over 25 live games, including hit titles like Woodoku, Solitaire.com, Nut Sort and Triple Tile. Tripledot operates 12 studios across 23 cities globally, has more than 2,500 team members, makes nearly $2 billion in gross revenue annually and has been profitable from its second year of operations.
Tripledot Leadership Team L- R: Zohar Rozenberg (COO), Alex Kazeko (CTO), Eyal Chameides (Co-Founder & Chief Product Officer), Daniel Freireich (Chief Games Officer), Lior Shiff (Co-founder & CEO), Mark Beck (CMO), Di Maxfield-Twine (Chief People Officer) and Sam Hillard (CFO)
Tripledot Studios Co-founders Eyal Chameides (Chief Product Officer) and Lior Shiff (CEO)
EAGAN, Minn. (AP) — Harrison Smith's 14th year as a steadying presence and energizing force in the secondary for the Minnesota Vikings has hardly been smooth.
The undisclosed health-related matter that sidelined him during training camp was a major setback to his conditioning, putting him in catch-up mode for most of the first half of the season. The Vikings defense was more vulnerable than usual over those early games, too.
Then with the offense struggling through the developmental process with quarterback J.J. McCarthy, the Vikings stumbled through November to drop to 4-8 and precipitate their elimination from playoff contention.
But lately?
“I’ve been playing football a long time,” Smith said after Minnesota's victory over the Detroit Lions on Christmas Day, “and I have not had fun like that in my whole career.”
Smith received the NFC Defensive Player of the Week award for that performance in his 206th regular-season game, after logging three passes defensed, two tackles for loss, one sack and one interception. He last won that award in 2018.
With career totals of 21½ sacks and 39 interceptions, Smith is just the second player in NFL history to hit those marks, behind Pro Football Hall of Fame member Ronde Barber, who had 28 sacks and 47 interceptions. Smith is also one of four players all time, with Barber, Brian Dawkins and Charles Woodson, to total at least 50 tackles for loss, 100 passes defensed and 200 regular-season games played. Smith (202) also trails only Jim Marshall (270) and Mick Tingelhoff (240) on the team’s all-time list for career starts.
Following the interception against the Lions, Smith was feted on the sideline in a circle of his teammates. He was the recipient of multiple ovations from the U.S. Bank Stadium crowd. Afterward, as Smith tried to sum up what that experience meant to him, his voice cracked several times before he had to pause to compose himself.
“The fans here have never experienced a Super Bowl. They always show up, and for them to keep showing up ... it just shows how much they love the team, how much they love everything that goes into it," Smith said. “We’re out of the playoffs, and everybody shows up in white. They do their part, and one of these days they’ll get it.”
The scene sure felt like a farewell. But so did Smith's emotional postgame remarks after the Vikings were ousted from the playoffs last season.
Could he envision himself returning for a 15th year?
“I can’t speak on that right now. I’m a very much in-the-moment type of guy,” Smith said.
Vikings coach Kevin O'Connell, who has forged a close relationship with the six-time Pro Bowl safety, has made no secret of his desire to keep Smith in place.
Defensive coordinator Brian Flores has turned over some of the play-calling and decision-making to Smith on the field before and after the snap, and an increased emphasis on blitzing in recent weeks has paid plenty of dividends.
"He has an unbelievable feel of the system. He has an unbelievable feel of what ‘Flo’ and the defensive staff really want to do, and he’s out there playing a game within the game,” O’Connell said. “It’s been spectacular to watch. It’s been awesome from my perspective to watch what he’s able to do at this point in his career mentally, and then physically he’s making a lot of plays as well.”
The uncertainty about next season for the defense stretches beyond Smith, with other expensive veterans facing the possibility of being released for cost savings with the Vikings projected to be well over the salary cap approaching the 2026 league year.
Then there's Flores, whose contract will soon expire, making him a free agent. Though his landmark discrimination lawsuit against the NFL that’s still in the court system nearly four years later continues to loom over any interviews he gets for head coach openings, there's also an opening for another club to try to lure him away with a break-the-bank offer for a lateral move.
O'Connell said this week that he doesn't anticipate such a scenario playing out and hopes to have him as long as he can before he's hired again as a head coach.
“I love Minnesota. I love this team. I love working for and with K.O.," said Flores, who was head coach of the Miami Dolphins from 2019-21 and joined the Vikings in 2023. "This place has shown me a lot of love, and I show them right back, and so I don’t know how much more there is to it. From a football standpoint, it fits. There’s always a, let’s call it, business part of this. But the football all lines up. We’ll just see where it all goes.”
AP NFL: https://apnews.com/hub/NFL
Detroit Lions quarterback Jared Goff (16) throws under pressure from Minnesota Vikings safety Harrison Smith (22) during the second half of an NFL football game, Thursday, Dec. 25, 2025, in Minneapolis. (AP Photo/Bruce Kluckhohn)
Minnesota Vikings defensive coordinator Brian Flores stands on the sideline before an NFL football game against the Detroit Lions, Thursday, Dec. 25, 2025, in Minneapolis. (AP Photo/Bruce Kluckhohn)
