The , based in Barcelona and responsible for the development of online casino games for Latin America and southern Europe, has reached an agreement with Imperus Technologies to be purchased for $25 million (about 23 million euros), in an agreement made public by the new owner. “Imperus has the right, but not the obligation, to acquire the startup Akamon by exercising the option before September 25, 2015.”
But Imperus has already made a significant payment of $600,000 that it would lose if it did not exercise the option to acquire the Barcelona company.
which also competes in the sector of social games, and is listed on the Toronto Stock Exchange. Before the Akamon operation, Imperus bought another startup from the world of online casinos, Diwip. In its latest earnings report, Imperus acknowledged that “we are in talks with more social gaming companies. Upcoming acquisitions will offer us synergies that will accelerate the company’s growth in this market.”
The good moment of the startup Akamon: rising in income… and profitability
Founded in 2011 by Vicenç Martí, Jaume Ferre (Geenapp), Josevi Pons, Carles Pons, Dani G Blazquez and Axel Serena, Akamon became one of the most important online casino companies in Europe, with more than half a million users assets per month in Latam and southern Europe.
Akamon’s product catalog includes traditional gameslike checkers, dominoes or chinchón, to more current ones such as slot machines (slots). The startup Akamon currently has a staff of one hundred people, and has offices in Barcelona, Valencia and Tel Aviv, where it arrived after the , founded by the former CTO of 888.com, Zvika Alon. Akamon achieved revenues close to 15 million euros in 2014, which represented a great growth compared to the previous year (9.5 million). According to recent data, the company would have made profits of almost 800,000 euros in 2014.
Since its founding in 2011, startup Akamon has raised nearly four million dollars from various local investors, including Axon Partners and Bonsai Venture Capitall. According to official documents, Axon owns 13% of the company, while Bonsai has 8%. The rest belong to the founding team, which includes Carlos Blanco, Jaime Ferre, Josevi Pons, Carles Pons, Dani G Blazquez and Axel Serena.
Jaime Novaa,
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