Galactech: Galactech, a Tunisian gaming startup, has been acquired by Egyptian esports platform GBarena

GBarena, an Egyptian e-sports platform, recently made the announcement that it had acquired Galactech, a gaming startup based in Tunisia. The acquisition price is approximately $15 million and will be paid for through a stock swap. A stock-for-stock exchange, or share swap, is a type of merger or acquisition in which the shares of the [...] The post Galactech, a Tunisian gaming startup, has been acquired by Egyptian esports platform GBarena appeared first on Techgist Africa | Africa Leading Tech News, Reviews and Tips.