G5 Entertainment acquires all rights to the Brave Tribe game
2015-05-05 PRESS RELEASE
G5 Entertainment has signed an agreement with the developer of the game Brave Tribe (also known as Farm Clan in some markets) to acquire all interest, intellectual property, and assets in the game. The purchase price will be funded from the company’s cash flow. G5 Entertainment originally published the game as a 3rd party game, and brought the game to iOS, Android, and Amazon application stores. CEO Vlad Suglobov comments: “We are excited to add Brave Tribe to the growing list of free-to-play games that G5 owns. Brave Tribe is one of the well-performing free-to-play games in our portfolio and we will build on its potential to make it a larger commercial success. We intend to continue working with the studio which developed the game to further improve Brave Tribe and develop other games for G5.” G5 now owns five out of the 10 best performing free-to-play-games in its portfolio.
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Vlad Suglobov, CEO, email@example.com
The G5 Entertainment group is a developer and publisher of high quality downloadable casual games for iPhone, iPad, Android, Mac, and Windows. G5 Entertainment’s portfolio includes popular casual games like Survivors: The Quest, Mahjong Journey, The Secret Society, Virtual City Playground, Supermarket Mania, and others. G5 Entertainment AB is listed on Nasdaq Stockholm since 2014.