Article 1J4GQ Clash of Clans maker Supercell becomes Europe's first 'decacorn'

Clash of Clans maker Supercell becomes Europe's first 'decacorn'

by
Alex Hern
from Technology | The Guardian on (#1J4GQ)

The first $10bn technology company from Europe is Finland's Supercell, following a buyout from Tencent

Finland's Supercell has become Europe's first ever "decacorn" - that's a technology company worth $10bn - after a buyout from Chinese internet leviathan Tencent.

The deal will see Tencent and its partners secure an 84.3% stake in Supercell, best known for its Clash of Clans mobile game, paying $8.6bn (5.78bn) for the pleasure. That values the overall company at $10.2bn, the first European technology startup to break that barrier.

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