Mobile Global Esports Inc. Executes Definitive Agreement With Nils Lahr And Orionswave To Acquire Social Challenge Engine And Platform Technology; Terms Of The Agreement Were Not Disclosed
Portfolio Pulse from Happy Mohamed
Mobile Global Esports Inc. (MOGO) has executed a definitive agreement to acquire, implement, and relaunch the social challenge technology developed by Nils Lahr and OrionsWave. The acquisition aims to enhance MOGO's social platform and drive gamer engagement.
May 25, 2023 | 3:51 pm
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Mobile Global Esports Inc. acquires social challenge technology from Nils Lahr and OrionsWave, aiming to enhance its MOGO social platform and drive gamer engagement.
The acquisition of the social challenge technology from Nils Lahr and OrionsWave is expected to have a positive short-term impact on MGAM's stock price. The technology will enhance MOGO's social platform, potentially driving gamer engagement and increasing the platform's value. The acquisition also brings Nils Lahr's expertise in digital media and AI, which could further benefit the company.
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