Japanese telecommunications giant SoftBank is investing a boatload of cash in Clash of Clans developer Supercell, the company announced Tuesday.
SoftBank, along with GungHo Online Entertainment, a company it holds a majority stake in, have signed a deal with Finland-based Supercell (PDF) to acquire 51 percent of the developer for $1.53 billion. According to SoftBank, Supercell will continue to operate independently, but will become a SoftBank subsidiary.
Supercell has become a hot commodity in mobile gaming. The company's Clash of Clans and Hay Day have both hit the top in the App Store's Top Grossing ranking for … Read more