• ICandy Has Acquired Lemon Sky, Making it the Biggest Game Company in Australia and Southeast Asia

    11 days ago - By Droid Gamers

    Big news! iCandy Interactive, the huge Australian studio behind mobile hits like Crab War, Masketeers, and Claw Stars, has acquired Lemon Sky, the highly regarded game and animation studio based in Malaysia.
    As a result, iCandy is officially the largest pure-play game studio throughout Australia and Southeast Asia, with 450 employees and revenue of A$17 million a year. The acquisition is valued at a massive A$44.5 million, fulfilled with cash and new shares.
    This is a pretty big deal if you're an iCandy investor or a keen follower of the Australian Stock Exchange. But it's also a big deal...
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