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Under terms of the transaction (“Transaction”), as earlier announced at:, Mega Fon initially contibuted 11,500,100 Class A shares in Mail. For the purpose of the Transaction, 11,500,100 Class A shares in Mail.RU Group, comprising a 100% stake in MFT, were valued at US$ 450 million.“We are very pleased to be adding one of the world’s most talented teams of mobile games developers.There is a clear strategic fit here and we look forward to working together to strengthen our international mobile games development and publishing and take the company’s games to even further success,” said Mail.Lefbord Investment Limited, a 100% subsidiary of Mega Fon and the current shareholder of MFT has sold earlier today a 35% stake in MFT to Gazprombank and a 9% stake — to USM Holdings. In the result of the Transaction, Lefbord will own the remaining 45% of MFT.The Company will secure US 7.5 million in cash from the sale of 55% shares in MF Technologies pre-tax, and will be used to finance capital expenditures of Mega Fon as well as to repay the Company’s debt and, accordingly, reduce the leverage.

Among the most succesful ones are Skyforge, Legend: Legacy of the Dragons, Allods Online, Lovely Farm, Evolution: Battle for Utopia, Jungle Heat, Warface, Arche Age, Perfect World and others.Group, a major Russian Internet company, announced the acquisition of Moscow-based mobile game developer and publisher Pixonic.The LSE-listed group has acquired a 100% stake for million in cash, including million upfront and million deferred and based on performance indicators.Ru Group Chairman and CEO Dmitry Grishin, commenting on the acquisition.Specifically, the acquisition will enable Group to access a major new audience that is spending money on free-to-play apps in the .6 billion mobile-gaming industry, notes Venture Beat.

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In 2013, it embarked on long-term mobile projects, and Pixonic’s first success in this segment was Robinson, followed by War Robots.

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