XLM acquired 54% stake in Marmar back in 2015
XLMedia announces acquisition of Marmar shareholding
The provider of digital performance marketing has signed an agreement to buy the remaining minority shareholding in Marmar, an online user acquisition network, having already acquired 54% in 2015.
2017-08-10
Reading time 23 seg
The provider of digital performance marketing has signed an agreement to buy the remaining minority shareholding in Marmar, an online user acquisition network, having already acquired 54% in 2015.
The total consideration is comprised of US$2.25m and an additional amount representing 46% of Marmar’s distributable net profits for the period from January 1 to July 31 2017.
XLM had acquired a 54% stake in Marmar in June 2015 and is now acquiring the remaining 46% via the company’s subsidiary, Webpals Holdings.
With the acquisition, the group expects to further strengthen its media channel growth and expand its customer base.
Leave your comment
RELATED NEWS
High-stakes slot mechanics
Onlyplay releases Fire Crown slot with high-volatility bonus mechanic
Eight languages and localised content
N1 Partners unveils new Goldex Casino brand, targeting tier-1 markets with over 5,000 games
Deal adds Hold and Win slots
3 Oaks Gaming partners with StarVegas to expand in Italian market
COMPANIES
Eight languages and localised content
N1 Partners unveils new Goldex Casino brand, targeting tier-1 markets with over 5,000 games
High-stakes slot mechanics
Onlyplay releases Fire Crown slot with high-volatility bonus mechanic
5x3 layout and 2,000x maximum win
CT interactive launches Hell's Hot 7's, a classic fruit slot with modern aesthetics
Deal adds Hold and Win slots
3 Oaks Gaming partners with StarVegas to expand in Italian market
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
MAGAZINES
EVENTS
Event to take place in March 9-11
GLI returns as sponsor of the Gala Dinner for Regulating The Game 2026 in Sydney
Five expert-led sessions
SBC Summit 2025 to spotlight Africa’s gambling market with new conference track
To take place on February 3-5
Eventus International announces launch of Mexico Gaming Summit in 2026
EVENTS CALENDAR
Highlighted
SBC Summit Lisbon 2025
Highlighted
G2E LAs Vegas - Global Gaming Expo
Highlighted
IAGR 2025 The International Association of Gaming Regulators
Highlighted
Gaming in Germany 2025
Highlighted
GAT Expo Santo Domingo 2025
NOV 12th 25 / NOV 13th 25
Live Event Renaissance Jaragua Hotel y Casino, Santo Domingo, República Dominicana
Highlighted
BEGE 2025 Balkan Entertainment and Gaming Exhibition
Highlighted
