July 4, 2022

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Overwolf acquires Tebex for $29M so avid gamers can monetize personal servers

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Overwolf these days introduced it has obtained Tebex for $29 million. Tebex is a platform that permits customers in sure video games to monetize personal servers. This expands Overwolf’s choices for customers who need to monetize their user-generated content material.

Tebex supplies more than one choices for customers who need to become profitable from personal servers, together with the setup of webstores and managing payouts to creators. Tebex’s resolution these days works with video games like Rust, Ark: Survival Advanced, and Minecraft, and allegedly has helped creators earn $500 million. Tebex will proceed to function as same old from inside of Overwolf.

Tebex CEO Lee McNeil stated in a observation, “From the instant we first met the crew at Overwolf it used to be obvious in their determination to the UGC marketplace and making sure creators receives a commission for his or her laborious paintings. Becoming a member of Overwolf permits Tebex to amplify its choices to extra sport servers, publishers, and extra importantly lets in us to additional develop the communities of our current sport servers. Their dedication to serving to us develop the sport server {industry} will push Tebex into our subsequent expansion bankruptcy.”

Overwolf will amplify its choices to customers and sport creators with this acquisition to incorporate personal server house owners. The corporate plans to include Tebex into its providing to amplify the in-game writer financial system.

Uri Marchand, Overwolf CEO, added, “Tebex stocks in our unwavering dedication of figuring out techniques to make stronger gaming communities and sport studios who need to empower in-game creators that create content material on best in their video games. As long-time champions of in-game app creators and mod authors, we’re excited to paintings with a brand new writer class – server house owners – to proceed to construct new reports within the {industry}. Via combining our industry-leading operations with Tebex’ era and passionate crew, we’ll be capable to achieve extra creators and lend a hand them earn a sustainable source of revenue for his or her paintings.”

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