DoubleDown Interactive Completes Acquisition of German Social Casino Developer WHOW Games for €55 Million

Reuters

Jul 15

<a href="https://laohu8.com/S/DDI">DoubleDown Interactive</a> Completes Acquisition of German Social Casino Developer WHOW Games for €55 Million

DoubleDown Interactive Co., Ltd. (NASDAQ: DDI), a prominent gaming company known for delivering exceptional player experiences, has completed the acquisition of WHOW Games GmbH, a social casino developer based in Hamburg, Germany. The transaction, initially announced earlier, was finalized for €55 million (approximately $64.3 million). The deal includes a potential additional earn-out payment of up to €10 million, contingent on WHOW Games achieving certain performance targets in the first two years post-acquisition. This strategic move is expected to enhance DoubleDown's portfolio in the social casino sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DoubleDown Interactive Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9494032-en) on July 14, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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(NASDAQ: DDI), a prominent gaming company known for delivering exceptional player experiences, has completed the acquisition of WHOW Games GmbH, a social casino developer based in Hamburg, Germany. The transaction, initially announced earlier, was finalized for €55 million (approximately $64.3 million). The deal includes a potential additional earn-out payment of up to €10 million, contingent on WHOW Games achieving certain performance targets in the first two years post-acquisition. This strategic move is expected to enhance DoubleDown's portfolio in the social casino sector.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: GNW9494032-en) on July 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BGHQF748.EUR","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250714:nNDL4bFntl:1","article_id":"2551713549","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551713549","pubTimestamp":1752524135,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"DoubleDown Interactive Co., Ltd. , a prominent gaming company known for delivering exceptional player experiences, has completed the acquisition of WHOW Games GmbH, a social casino developer based in Hamburg, Germany. 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(NASDAQ: DDI), a prominent gaming company known for delivering exceptional player experiences, has completed the acquisition of WHOW Games GmbH, a social casino developer based in Hamburg, Germany. The transaction, initially announced earlier, was finalized for €55 million (approximately $64.3 million). The deal includes a potential additional earn-out payment of up to €10 million, contingent on WHOW Games achieving certain performance targets in the first two years post-acquisition. This strategic move is expected to enhance DoubleDown's portfolio in the social casino sector.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DoubleDown Interactive Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9494032-en) on July 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}