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Stillfront has acquired Emirati mobile studio Jawaker for $205 million

Stillfront CEO Jörgen Larsson believes Jawaker has "significant scaling potential."

Chris Kerr, News Editor

September 13, 2021

1 Min Read

Free-to-play game company Stillfront has acquired Abu Dhabi-based mobile studio Jawaker for $205 million.

Stillfront said the move will expand its presence in the "strategically important" MENA (Middle East and North Africa) region. The deal also bolsters Stillfront's game portfolio, with Jawaker currently operating over 30 titles through its eponymous Jawaker app.

"The Jawaker team have built an impressive studio adopting a one-app approach that allows users to play several different games within one app, while connecting with friends and socializing, creating strong engagement and loyalty within the user base," said Stillfront CEO, Jörgen Larsson.

"We see significant scaling potential for Jawaker as a part of Stillfront, with opportunities to fuel user acquisition both in the MENA region and among the Arabic speaking population worldwide."

Stillfront raised SEK 1 billion ($115.7 million) to finance the acquisition, which comes just a few months after the Swedish company purchased idle mobile RPG Crush Them All from Godzilab. Looking ahead, Stillfront expects Jawaker to generate minimum net revenues of SEK 270 million ($31.2 million) during the current fiscal year.

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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