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“Clash Of Clans” Maker Supercell Sells A 51%, $1.53B Stake To SoftBank and GungHo Online

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http://techcrunch.com – Another big move for Softbank into the gaming world, and a massive investment for Finnish gaming juggernaut Supercell: the company is selling a 51% stake for $1.53 billion to Japan’s SoftBank and games developer GungHo OnLine Entertainment. This strategic investment, which makes Supercell a subsidiary of Softbank, will be used to fuel Supercell’s global expansion. It effectively represents a quadrupled valuation for Supercell to over $3 billion in the last seven months. GungHo (which also counts SoftBank as an investor) and Supercell have a pre-existing relationship announced earli (IT news)