Stillfront acquires Babil Games, the leading MENA region mobile games publisher

December 16, 2016

Stillfront acquires Babil Games, the leading MENA region mobile games publisher

Stockholm, Sweden

Stillfront acquires Babil Games, the leading MENA region mobile games publisher

Stillfront Group AB (publ) (“Stillfront”) today announces its acquisition of 100% of the shares in Babil Games LLC (“Babil”). Babil, based in Dubai, UAE, and Amman, Jordan, was founded in 2012 by Mohammed Fahmi, Abdullah Fahmi and Hubertus Thonhauser, which all today constitute the management of the company. The founders have strong track-records as business builders within the gaming and media industries.

Babil is a pure mobile strategy games publisher that focuses on bringing high quality entertainment to the Arabic audience in the MENA (Middle East and North Africa) region. Babil has established themselves as leading in localizing, culturizing and publishing high quality mobile entertainment to the very attractive fast-growing mobile games market in the MENA region. The games are primarily sourced from Asia with long term exclusive rights. All localized content is Intellectual Property of Babil.

Babil has a track record of several successful highly grossing titles, like Niba Harb 2, Asefat Al-Dababat, Jaish Al-Foolath and Admiral, as well as an exciting pipe-line of two new titles reaching the market within the coming months.

Babil currently has 12 employees and will reach over 3 MUSD in revenues during 2016, with approximately 15% net profit margin. The management will continue to lead the talented team for further profitable growth.

Jörgen Larsson, CEO, Stillfront Group, comments

“Babil and Stillfront constitute an excellent fit. We share the passion, philosophy and cornerstones of Stillfront’s PLEX strategy and Babil 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, now within our Group, will create significant value going forward. I am extremely pleased to have MJ, AJ, Hubertus and their committed team as valuable new members to the Stillfront family”, Jörgen Larsson, CEO, Stillfront Group, comments.

MJ Fahmi, CEO, Babil Games, comments

“I am excited for Babil 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, becoming a bigger family that will strengthen our foothold on the local and global markets”, MJ Fahmi, CEO, Babil Games, comments.

For additional information, please contact:

Jörgen Larsson, CEO at Stillfront
Phone: +46 70 321 18 00
E-mail: jorgen@stillfront.com

About Stillfront

Stillfront is an independent creator, publisher and distributor of digital games – with a vision to become one of the leading indie game creators and publishers. Stillfront operates through five near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta and Simutronics in the United States. 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.

Selected games

Stillfront’s portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics.

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