Hacksaw Gaming, a leading B2B technology platform and game developer listed on the Nasdaq Stockholm, has officially announced a significant strategic move to strengthen its market position. The company has acquired an equity stake in Kitsune Studios, a promising creative force in the iGaming development sector.
This acquisition marks a decisive step in Hacksaw’s broader strategy to deepen relationships with innovative studios and enhance its operational capabilities through targeted investments.
The deal is structured not just as a one-time purchase but as the beginning of a long-term partnership, with Hacksaw Gaming explicitly outlining plans to potentially increase its investment in Kitsune Studios in the future.
This “buy-and-build” approach aligns with Hacksaw’s core objective of identifying high-potential content creators and integrating them into its ecosystem to boost both output quality and market reach.
By securing a stake in Kitsune, Hacksaw aims to leverage the smaller studio’s creative agility while providing the infrastructure and distribution power of its own scalable modular platform.
Hacksaw AB (ticker: HACK) is widely recognized in the industry for its rapid game development and distribution capabilities, specializing in digital slots, scratch cards, and instant win games for both private and state-owned operators.
This latest acquisition is expected to further diversify its content portfolio, offering players fresh mechanics and themes driven by Kitsune’s development team.
The financial markets have reacted to Hacksaw’s trajectory with optimism. Recent analyst ratings for Hacksaw AB stock have maintained a “Buy” recommendation, setting a price target of SEK100.00.
This investor confidence reflects the market’s belief in Hacksaw’s aggressive growth strategy and its ability to capitalize on the digital transformation of the global gaming industry.
As the company integrates Kitsune Studios into its fold, stakeholders will be watching closely to see how this partnership translates into tangible product innovations and revenue growth in the coming quarters.
