<ul><li>Bengaluru-based gaming investment company Jetapult has acquired a stake in Saudi Arabia-based game developer UMX Studio for $4.5 million.</li><li>Jetapult will provide capital to expand UMX Studio's portfolio and increase its audience across markets.</li><li>Jetapult aims to invest in a diverse portfolio of gaming studios in emerging markets, with a focus on high average revenue per user markets.</li><li>This investment comes amid a surge in overseas acquisitions by gaming firms.</li></ul>

Gaming firm Jetapult acquires stake in Saudi Arabia-based UMX Studio for $4.5 million

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