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Miniclip Games
Miniclip SA is a mobile game publisher and former browser game website that launched in 2001. It was started by Robert Small and Tihan Presbie with a budget of £40,000. In 2008, the company was valued at over £275 million. In 2009, Miniclip hosted over 400 applications on its website. In 2015, Tencent acquired majority stakes of Miniclip. In December 2016, Miniclip achieved 1 billion downloads across its mobile games on iOS, Android, and Windows devices. In March 2022, Miniclip announced that it had reached 4 billion downloads, with ''8 Ball Pool'' alone accounting for 1 billion. In April 2022, Miniclip announced that it would begin prioritizing its mobile games. As a result, the browser game portal was shut down in July 2022 and the website lost all but its two most popular games, Agar.io and 8 Ball Pool. In June 2022, Miniclip acquired SYBO, the publisher of ''Subway Surfers'', in an undisclosed deal. Studios Mobile games Miniclip has developed and published numerous m ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entit ...
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