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Learning platform Kahoot acquires language game dev Drops for $50 million

Game-based learning platform Kahoot has acquired language game developer Drops for up to $50 million.

Game-based learning platform Kahoot has acquired language game developer Drops for up to $50 million. 

The deal will see Kahoot purchase 100 percent of the shares in Drops for an initial $31 million on a cash and debt-free basis, with an additional $19 million due to be paid out if certain performance targets are met. 

Based in Norway, Kahoot runs a learning platform that allows individuals and corporations "to create, share, and play learning games that drive compelling engagement." The company said it has over 1 billion participating players in 200 countries, and that over 200 million games have been played via its platform since its inception on 2013. 

Drops, meanwhile, runs a suite of mobile apps containing a range of word games designed to teach the essentials of language. The Drops platform currently boasts around 25 million users, and amassed roughly $7.4 million in revenue during 2019.

Commenting on the move, Kahoot chief exec Eilert Hanoa said it would help the company achieve its goal of becoming the world's leading learning platform.

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