Stratrix
On the Record · AppLovin

AppLovin acquisitions, on the record

The businesses AppLovin bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Wurl, LLC
Word for word“as well as the growing CTV industry through our 2022 acquisition of Wurl, LLC.” 10-K for 2023
acquisition2022—
Adjust GmbH
Word for word“For example, we acquired Adjust GmbH in April 2021, Twitter's MoPub business in January 2022 and Wurl, Inc. in April 2022.” 10-K for 2023
acquisitionApril 2021—
Twitter's MoPub business
Word for word“For example, we acquired Adjust GmbH in April 2021, Twitter's MoPub business in January 2022 and Wurl, Inc. in April 2022.” 10-K for 2023
acquisitionJanuary 2022—
mobile gaming business
Word for word“On February 12, 2025, we announced that we had entered into a term sheet for the sale of our mobile gaming business to a privately held company for total consideration of $900.0 million, consisting of $400.0 million in shares of the acquirer’s common equity and $500.0 million in cash, subject to customary purchase price adjustments.” 10-K for 2024
agreed divestitureOn February 12, 2025, we announced that we had entered into a term sheet for the sale of our mobile gaming business to a privately held company for total consideration of $900.0 million, consisting of $400.0 million in shares of the acquirer’s common equity and $500.0 million in cash, subject to customary purchase price adjustments.$900.0 million
Apps business
Word for word“On June 30, 2025, we consummated the sale of the Apps business to the Purchasers for $400 million in cash, subject to closing adjustments, and equity consideration representing approximately 20% of Tripledot’s fully-diluted equity at the time of closing.” 10-K for 2025
divestitureJune 30, 2025$400 million in cash
Adjust
Word for word“For example, we acquired Adjust in April 2021, Twitter's MoPub business in January 2022 and Wurl in April 2022.” 10-K for 2025
acquisitionApril 2021—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2019-12-31$404.2 million—
2020-12-31$674.6 million$112.4 million
2021-12-31$1.21 billion$762.6 million
2022-12-31$1.35 billion—
2023-12-31$63.9 million$0

Deal filings since 2016

Read from AppLovin’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.