Ninja Kiwi sold to Sweden’s MTG for $271m

Thu, 25 Mar 2021

Mobile game developer Ninja Kiwi is being bought by Swedish gaming firm Modern Times Group in a deal worth $271 million.Kumeu-based Ninja Kiwi found international success with its Bloons tower defence mobile games, their titles shortened to Bloons TD. The company has 70 employees across its Auckland and Dundee, Scotland offices.At the time of writing, Bloons TD 6 was number one on the Apple iOS App Store’s action games chart in the US.“The up-front consideration amounts to approximately SEK 1,217m ($203m) and earn-out payments at an...

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