Kabam Hits Profitability in 2012 on Revenue of $180 Million

The privately held games company said its gross revenue increased 70 percent year over year based on a strong mobile performance.
kabam_hobbit_game_screen

News Byte

Boom! Kabam Acquires Exploding Barrel Games.

Casual gaming company Kabam announced Tuesday it has acquired Exploding Barrel Games, the Vancouver, British Columbia-based studio focused mostly on “core” gaming. The acquisition — Kabam’s sixth gaming studio buy in the past three years — expands Kabam’s company personnel to more than 600, including the 30-plus members of the Exploding Barrel Games staff, which will continue to work out of the Vancouver office. Terms of the deal were not disclosed.

News Byte

Chartboost Secures $19M From Sequoia to Help Mobile Games Attract More Players

Chartboost, which has developed technology that enables developers to promote each other’s games inside of their apps, has raised $19 million in capital. Sequoia Capital led the round, and existing investors TransLink Capital and SK Telecom Ventures, also participated. The San Francisco company said its platform is now being used by more than 12,000 games from companies like Crowdstar, Gameloft, Kabam, Gree, TinyCo and more.

News Byte

Kabam Buys Chinese 3-D Social Games Maker Balanced Worlds Studios

Kabam, the San Francisco-based games company that makes mobile and social games, has acquired Balanced Worlds Studios, a Beijing-based company specializing in 3-D social games. Kabam paid an undisclosed amount of cash for the 17-person game studio. The company’s employees will join Kabam’s Beijing games studio, bringing the total number of employees to about 90. Balanced Worlds is headed by game developers from the U.S. and Canada, who moved to China in 2006.

On the Facebook Menu at Zuckerberg’s Recent Dinner With Game Developers: Sushi and a Sliding Pay Scale

At a recent dinner, Facebook’s Mark Zuckerberg brought together all the top bosses in social gaming to talk shop.
mob meeting

No Need for Tickets: Two Hobbit Games Coming to a Device Near You, for Free

Kabam is publishing two games, inspired by Peter Jackson’s “The Hobbit,” that will be free — unlike the movie, which comes out Dec. 14.
The Hobbit_ATA_Art

Zynga’s CityVille Loses Mayor to Kixeye

The latest exit from Zynga is Alan Patmore, the general manager of CityVille, who is joining Kixeye as their VP of Product.
kixeye

Voices

The New New Web: Ask Not Who Needs It, Ask Who Wants It

The Internet has evolved from being a need-driven utility medium with only a handful of winners to a discovery-driven entertainment medium with room for multiple winners.

Voices

Facebook: Champion the Mobile Web and Revive Consumer (And Investor) Love

I have a recommendation for Facebook to revive its fortunes: Champion the mobile Web.

Like Its Prickly CEO, Kixeye’s Games on Facebook Are Not Cute or Cuddly

Farms don’t have rocket launchers, but games built by Kixeye do. You also won’t find purple cows or other decorations — just blood.
Kixeye CEO Will Harbin