Plarium Global

Company Overview

Snapshot

Founded in December 2009, Plarium Global is led by founders Avi Shalel. The company operates with over 1,000 employees and has raised $10 million across one funding round from one investor. In November 2024, Plarium Global was acquired by Modern Times Group.

Business overview

Plarium Global is an international game-development company focused on creating mobile and browser games. The company specializes in titles that feature detailed production values, immersive storylines, and strategic gameplay, targeting hardcore gamers. Plarium Global operates within the Media & Entertainment Technologies sector, delivering social and mobile gaming experiences to a global audience.

Strategic signal

In November 2024, Plarium Global was acquired by Modern Times Group, marking a significant exit for the game developer. This acquisition signals a strategic move by Modern Times Group to expand its portfolio within the gaming industry, integrating Plarium Global's expertise in hardcore mobile and browser games. For investors, this highlights the continued consolidation and value creation within the competitive gaming market.

Company Intelligence Q&A

What was Plarium Global's most recent acquisition event?

In November 2024, Plarium Global was acquired by Modern Times Group, a Swedish entertainment company, for up to $820 million.

When did Plarium Global acquire Futureplay Games?

Plarium Global acquired Futureplay Games in August 2021 to expand into casual games.

What was the purpose of Plarium Global's acquisition of Rumble Entertainment?

In September 2017, Plarium Global acquired Rumble Entertainment to expand its presence in the RPG market.

What was a significant financial milestone for Plarium Global's game, RAID: Shadow Legends?

In August 2022, Plarium Global's game, RAID: Shadow Legends, surpassed $1 billion in revenue.

What recent workforce changes occurred at Plarium Global?

In January 2024, Plarium Global laid off 45 employees.