Gaming media company M.O.B.A. Network (MOBA Network) has acquired Wargraphs, the developer behind the League of Legends companion app Porofessor, for a deal worth up to €50 million.
This acquisition adds Porofessor to MOBA Network's portfolio of online communities, which includes Leaguespy, Dotafire, Counterstats, and others. Wargraphs, founded in 2017, is known for creating Porofessor, a popular statistics and data app for League of Legends, Teamfight Tactics, and Legends of Runeterra.
The acquisition aims to expand MOBA Network's supported games and strengthen its position in the gaming industry. The payment for the acquisition will be split into an initial €25 million round, with a possible additional €25 million based on achieving target EBITDA over a specific period.
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