Atari agrees to buy Crossy Road maker Hipster Whale for USD 29.3 million upfront plus up to USD 10 million earn-out

  • Atari is set to acquire Melbourne-based mobile studio Hipster Whale, owner of the Crossy Road franchise with more than 340 million downloads.
  • Purchase price totals up to USD 39.3 million, including USD 29.3 million at closing and an earn-out of up to USD 10 million over three years.
  • Upfront consideration includes USD 26 million in cash and USD 3.3 million in newly issued Atari ordinary shares.
  • Hipster Whale generated USD 8.28 million revenue and USD 4.63 million EBITDA for the 12 months ended Jan. 31, 2026.
  • Closing is expected in the coming days, expanding Atari’s mobile development and publishing capabilities.


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