GungHo and SoftBank Purchase the Majority Share in Finnish Company Supercell

GungHo Online Entertainment and Japanese Telecommunications Specialist, SoftBank, have purchase a 51 percent stake in the Finnish mobile company, Supercell. Pocket Gamer Biz reports that details released by SoftBank state that GungHo purchased 20 percent of the company, while SoftBank put in for the other 31 percent.

Supercell is known for their hit titles, Clash of Clans and Hay Day, and we've seen a previous relationship between GungHo and Supercell as the two developers took part in a cross promotion for each other's games.

In a blog post on Supercell's website, Masayoshi Son, founder of SoftBank, was quoted saying, “In our quest to become the #1 mobile Internet company, we scour the globe in search of interesting opportunities and right now some of the most exciting companies and innovations are coming out of Finland. Supercell is one of those rare and special companies. While your success is impressive, it is your amazing culture and deep passion that truly inspired me. After getting to know Ilkka and some of the team, it became clear to me that you, like us at Softbank, are on a similar long and aspirational journey to shape the future of entertainment for the next hundred years. And, I'm excited to see an independent Supercell continue to rise with great people and great games, delivering happiness to so many people around the world."