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Scopely acquires majority stake in Pixel Flow! developer Loom Games

Scopely has agreed to acquire a majority stake in Loom Games, the developer behind the successful mobile title Pixel Flow!, for an undisclosed sum valuing the studio at over $1 billion. This acquisition aims to expand Scopely's portfolio and its presence in the EMEA region, while Loom Games will maintain creative autonomy.

Article tone: Positive
Lead image for “Scopely acquires majority stake in Pixel Flow! developer Loom Games”, published by gamedeveloper.com
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