Animoca Brands completes acquisition of nWay
7 July 2020: Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”) is pleased to advise that it has completed the acquisition of 100% of the issued capital in nWay, Inc. (“nWay”) based on the terms disclosed in the Company’s announcement of 16 December 2019.
nWay is a San Francisco based developer, publisher, and tech platform for competitive multiplayer games across mobile, PC, and consoles. nWay’s upcoming proprietary backend tech platform nWayPlay will enable fast development, prototyping, and operations of cross-play, real-time multiplayer games. The company has a strong track record of developing AAA quality games on mobile and on console, namely the recently launched POWER RANGERS: Battle for the Grid, POWER RANGERS: Legacy Wars, and ChronoBlade. nWay is comprised of leading developers and senior executives from Sony, Electronic Arts, WB Games, LucasArts, Kabam, Nexon, and NCSoft. Collectively, the team has contributed to over a dozen hit mobile, console, and online games, including Marvel Contest of Champions, Injustice, Star Wars: The Force Unleashed, Dominations, FIFA Online, Battlefield Online, Lineage II, and Warhammer Online.
For more information about nWay visit http://nway.com.
About Animoca Brands
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products utilizing popular intellectual properties such as Formula 1®, Marvel, Garfield, Snoopy, Thomas & Friends™, Power Rangers, MotoGP, and Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland. The Company is based in Hong Kong, United States, South Korea, Finland, Argentina, and the Czech Republic. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.