STILLFRONT GROUP ACQUIRES BABIL GAMES FOR $17M

On December 16, 2016, four years after inception, Babil Games LLC, a top-tier mobile game publisher in the MENA region, was acquired by Stillfront Group AB, listed on First North Premier Growth Market in Stockholm, Sweden, and became part of the international gaming powerhouse, for $17M. Babil Games LLC has announced the acquisition of 100% of its shares, with offices in Dubai/UAE and Amman/Jordan.

Babil Games was founded in 2012 by games professionals from the Middle East and Europe.

It’s business model is to help developers from around the world to successfully navigate international markets, with a focus on the MENA region, the world’s fastest-growing games market, and bring gamers culture-adapted, high-quality free-to-play games through creatively localizing art and content.

Babil’s success stems from its passionate, creative, high-spirited and dedicated team of talented artists and experienced professionals. Within a few months of the release of its first game, Nida Harb, Babil Games ranked in the Top-10 on iOS App Store for its outstanding strategy-action game.

Aside from its top-performing game, Nida Harb 3, Babil Games has a track record of successful high grossing titles, like Age of Kings, Tank Storm, War Storm, Admiral, and Baloot Royale as well as an exciting pipe-line of two new titles reaching the market within the coming months.

In regards to the acquisition, Babil Games’ founders and original team will remain on board and lead the company, under the umbrella of Stillfront.

Jörgen Larsson, CEO, Stillfront Group, comments,

”Babil Games and Stillfront constitute an excellent fit. We share the passion, philosophy and cornerstones of Stillfront’s PLEX strategy and Babil Games will strengthen Stillfront’s position in a number of strategic areas, for instance in the mobile strategy games space and with publishing capabilities. The truly unique position of Babil Games, now within our Group, will create significant value going forward. I am extremely pleased to have the founders and their committed team as valuable new members to the Stillfront family.”

Mohammed Fahmi, Founder and CEO, Babil Games, comments,

“I am excited for Babil Games to be joining forces with Stillfront Group. We share a common vision and objectives, and I firmly believe this will be a great strategic advantage for both companies, enabling us to become a larger family that will strengthen our foothold in local and global markets.”

Four years after the acquisition, Babil Games remains to be as good as ever. Its offices have expanded and its team has grown tremendously, and remains to do so.

About Stillfront:
Stillfront is an independent creator, publisher and distributor of digital games – with a vision to become one of Europe’s leading indie game creators and publishers. Stillfront operates through four near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, and Dorado Online Games in Malta. Stillfront’s games are distributed globally. The main markets are Sweden, Germany, the United States and South America. For further information, please visit www.stillfront.com

About Babil Games:
Babil Games, part of Stillfront Group, is a top-tier mobile games publisher in the MENA region that is based in Dubai and Amman. Babil Games helps international developers to successfully navigate different global markets, with a focus on the MENA region: one of the world’s fastest-growing games markets. It brings gamers culture-adapted, and high-quality free-to-play games through creatively localizing art and content. Best known for the Nida Harb series and Strike of Nations.

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