SILICON CANALS - Jan 27 - Azerion (founded in 2014), a Schiphol-based digital gaming and adtech company, has reached an agreement with its co-shareholder, Elisa Oyj, to acquire the remaining 49% shares in Finnish game studio, Sulake Oy, known for the social game Habbo Hotel. Founded by Sampo Karjalainen, Sulake is an online entertainment company focused on virtual worlds and social networking. Sulake's management and the team of 96 will remain in place, and it will continue to operate from its headquarters in Helsinki. This acquisition will help Sulake to make use of Azerion's growing ecosystem and will be able to leverage promotions provided via the Azerion network, which continues to grow through acquisitions like Spil Games' Portal business and Woozworld.
See the full article at Silicon Canals