PopReach Signs Binding Agreement to Acquire Award Winning "Peak - Brain Training" App
|Areas||Corporate and Commercial, Technology|
Goodmans LLP acted for PopReach Corporation. PopReach Corporation, a free-to-play game publisher focused on acquiring and optimizing proven game franchises, entered into a binding asset purchase agreement with Brainbow Limited to acquire substantially all of the assets relating to the "Peak - Brain Training" app ("Peak") for aggregate cash consideration of US$5 million. Since its launch in 2014, Peak has been downloaded more than 60 million times through the Apple App Store and Google Play.