GungHo and Softbank spend $1.5bn for 51% stake in Supercell

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GhungHo Entertainment Online and parent company Softbank have purchased a 51 per cent stake in Clash of Clans developer Supercell for $1.5bn.

The deal, reported byTechCrunch, see's the coming together of two of the industry's biggest free-to-play developers, and values Supercell at $3 billion.

Supercell is said to make around $2.4 million a day from its two flagship titles Clash of Clans and Hay Day.

Develop has more details.