DoubleDown Interactive Co., Ltd. (DDI) has entered into a Share Purchase and Transfer Agreement with Azerion Tech Holding B.V. to acquire WHOW Games GmbH for an initial consideration of €55 million. The company will finance the acquisition through its cash reserves, with the transaction expected to close in the third quarter of 2025.
DoubleDown plans to combine WHOW Games’ expertise in the European market and partner-driven business model with its own operational strength, marketing capabilities, and extensive gaming content to pursue growth opportunities.
Keuk Kim, Chief Executive Officer of Spin Games (SGMS), stated, “This acquisition marks a significant step toward increasing our competitiveness in the growing German social casino market.”
