AppLovin Corporation, a leading marketing platform, announced the entry into a definitive agreement to sell its mobile gaming business to Tripledot for $400.0 million in cash consideration and equity consideration representing approximately 20% of Tripledot. The deal is anticipated to close in the second quarter of 2025, pending regulatory approvals. Wilson Sonsini Goodrich & Rosati advised AppLovin on the transaction.

AppLovin makes technologies that help businesses of every size connect to their ideal customers. The company provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences.

The Wilson Sonsini team that advised AppLovin on the transaction includes:

Corporate
Rezwan Pavri
Brian Keyes
Gordon Grafft
Ross Tanaka
Cassie Wetzel
Austin Wolfe
Sarahanne Jackson
Michael Anthony
Joanna Leung
Matt Maricic
Caiti VerBrugge

Technology Transactions
Christopher Paniewski
Andrew Poling
Mary O'Brien
Isabel Annino
Anna Weber
Stephanie Stark

Corporate Finance
Dana Hall
Joe Catapano
Ryan Isola
Kenna Mathews

Data, Privacy, and Cybersecurity
Matt Staples
Daniel Chen
Dantam Chan
Chany Kim

Antitrust and Competition
Jamilia Ferris
Kimberley Biagioli
Rachel Burke

National Security
Joshua Gruenspecht
Seth Cowell
Waqas Shahid

Employee Benefits and Compensation
David Thomas
Matthew Norgard
Jason Chan
Emma Wilcox

Employment Litigation
Matt Gorman
Erin Wong

Real Estate
James McCann
Alex Corluyan

Environmental
Martin Sul

Tax
Jonathan Zhu
Derek Wallace

Litigation
Matthew Macdonald

For more information, please see AppLovin’s SEC filings. Additional coverage can be found on Bloomberg.