Among the assets are the Los Angeles studio, which is working on a game based on the Avatar movie franchise. Wakeford said that the separate company would then begin a process of selling itself to another bidder. will then proceed to spin out the remaining pieces of Kabam - the parts that Netmarble is not buying - as a separate company. In that way, the shareholders will be paid, based on their percentage ownership of Kabam Inc.īut Kabam Inc. Kent Wakeford, chief operating officer of Kabam, said that Netmarble will actually be buying Kabam Inc., which is the whole company. Kabam had 600 employees overall before the deal. It isn’t clear yet exactly what will happen with the rest of Kabam, which has big studios in Los Angeles and Beijing. In an interview with GamesBeat, Lee said that his company is picking up roughly 250 people from Kabam, most of them in Vancouver and Austin. We saw the potential of teaming of these two companies.” “It has been super successful with Marvel Contest of Champions, while Netmarble has been strong in Asia in role-playing games on mobile. “We consider Kabam’s Vancouver studio to be one of the best world-class game studios in the Western market,” Seungwon Lee, chief global officer of Netmarble Games, in an interview with GamesBeat.
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