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Benzinga
Benzinga
Business
Anusuya Lahiri

UNCOVERED: Netflix dives deeper in gaming with latest acquisition - The Untold Story

Netflix Next Games NFLX

Netflix Inc (NASDAQ:NFLX) has agreed to acquire mobile games provider Next Games. Next Games shareholders will receive €2.1 in cash per share of Next Games, for a total equity value of €65 million.

Next Games' strategy is to develop games based on popular entertainment IP, such as Stranger Things: Puzzle Tales, a story-driven puzzle role-playing game (RPG) inspired by one of Netflix's most-watched series.

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