Top kids app maker Toca Boca sells to Spin Master, plans to launch subscription video service and toys

One of the world's largest children's mobile app makers, Toca Boca, whose studios have produced apps totalling over 140 million downloads, has been acquired. The company had originally operated like a startup within the 200-year-old Swedish publishing firm Bonnier, but has now been bought by Spin Master, a children's entertainment company with 950 people working in offices in Canada, the U.S., France, Italy, the U.K., Slovakia, Germany, the Netherlands, Mexico, China, Hong Kong and Japan.

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