Elisa acquires Sulake

[Faceless]

I really hope this is a good thing. Something interesting needs to happen x_x

[j0rd]

So Elisa owns Habbo now? ahaa?

They've always had a share in Sulake, but now they are the biggest share holder. Don't own 100% of it.

[Aiden]

They've always had a share in Sulake, but now they are the biggest share holder. Don't own 100% of it.

But since they have more then 50% doesnt that mean that there the owners? idn lol

[Aaron]

But since they have more then 50% doesnt that mean that there the owners? idn lol

Well this means they're shareholders, as they've invested into a company; company being Sulake.

It'll be interesting to see what they do in terms of market etc, that was a large increase in shares by Elisa. They obviously must see potential in Sulake.

[e5]

The company may be going somewhere, but doesn't mean Habbo is...

Suggests to me it's quite a good thing if someone increases a stake from 25 to 80 percent. Suggests they think it's going somewhere.

[xxMATTGxx]

The company may be going somewhere, but doesn't mean Habbo is...

Well they would have to come up with another product then as Sulake only have Habbo these days.

[Kardan]

Sulake are in trouble.
March 2011 net revenue was 56.2M euros, now it's down to 22M euros...

[Pigperson]

I hope more is invested into Habbo I guess but I wouldn't be surprised if nothing was done.

Will

[Samantha]

I think only the future will tell how it'll pan out for them, 85% is a lot though .

[MKR&*42]

Sulake are in trouble.
March 2011 net revenue was 56.2M euros, now it's down to 22M euros...

Really? That was a massive improvement compared to every year before (surprisingly), such a shame. 22M Euros is their lowest since 2004 I believe? Based on the 'revenue' section here: https://habbox.com/#!/SulakeHistory