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MTG agrees to sell Kongregate to Texas studio Monumental

Game Developer

Monumental is set to acquire Kongregate, but MTG plans to take a 30 percent stake in the newly-combined company.

Studios 185
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Monumental to acquire Kongregate

GamesIndustry.biz

Austin-based developer Monumental has entered into an agreement to acquire gaming publisher and web portal Kongregate for an unknown sum. As reported by Pocket Gamer , the two companies will fully merge as a result, with Monumental CEO Monty Kerr heading both. The acquisition will combine both studios' portfolios of over 40 games. "We

Studios 100
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Anylysis • The games industry is thriving, so why lay off 8,000 people?

PreMortem.Games

And Digital Bros and Kongregate also joined the ‘ wave of video game industry layoffs.’ Game companies remain mostly absent, despite New York’s growing prominence as a hub for investment and creativity in interactive entertainment. Similarly, Amazon Game Studio announced the termination of 180 jobs.

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Game and UA Teams That Work Together, Grow Together

Deconstructor of Fun

Now that we know all this, it’s clear that understanding the impact of these changes on how products are designed and built will be crucial for all mobile-first companies who want to dominate this space in the upcoming years. These tectonic shifts in how UA is done happen every few years and companies who understand them early on will win.

Games 52
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2020 Predictions #2: What Happens When the Hypercasual Party Ends?

Deconstructor of Fun

Kolibri is closely followed by Kongregate, East Side Games and Game Hive - all at 11% market share. Kongregate was able to sustain a healthy position due to impressive growth from Adventure Communist. Further, Kongregate also made two non-Idle acquisitions in the year - dungeon crawling RPG Bit Heroes and 2D Battle Royale Surviv.io.

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The Magic of ‘Legend Of Mushroom’

Deconstructor of Fun

With a career dating back to 2012, Ken has contributed to renowned gaming companies such as Blizzard, Scopely, and Kongregate. Guest Post by Ken Landen , an experienced figure in the gaming industry, currently serves as the CEO and Co-Founder of a startup that's currently in stealth mode.