Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
June 22, 2021
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


 Habbo  owner Azerion raises $242 million to finance more game acquisitions

Habbo owner Azerion raises $242 million to finance more game acquisitions

April 28, 2021 | By Chris Kerr




Online social gaming and entertainment platform Azerion has raised €200 million ($242 million) to realize its growth plans. 

Azerion secured the cash by refinancing a €100 million bond issued on the Frankfurt exchange last year, and said the funds will be used to "finance multiple acquisitions across its platform," with a specific focus on adding new gaming content and "creating revenue opportunities."

The news comes a few months after Azerion fully acquired Habbo developer Sulake, and a couple of years after it purchased Spil Games' mobile games division. The company also recently cut the ribbon on a new business and game development campus in Helsinki.

"The gaming business represents a total annual market of $175 billion. We’re well on our way to becoming the biggest platform in Europe with our vision to serve that market," said Azerion co-CEO, Atilla Aytekin. 

"Our goal is to create a safe, connected and intelligent ecosystem (enabled through our technology) that will accelerate the growth of European companies connected to our operations."



Related Jobs

Genvid Technologies
Genvid Technologies — Los Angeles, California, United States
[06.22.21]

IT Manager
Genvid Technologies
Genvid Technologies — CA/WA/NY, California, United States
[06.22.21]

Team Lead (Partner Services)
Genvid Technologies
Genvid Technologies — CA/WA/NY, California, United States
[06.22.21]

Technical Project Manager
Deep Silver Volition
Deep Silver Volition — Champaign, Illinois, United States
[06.21.21]

Senior Animator









Loading Comments

loader image