Image: Twitter (Mighty Kingdom)
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It’s taken a while, but homegrown Australian developers are starting to really grow up. One Aussie developer already launched a massive listing on the Australian Stock Exchange (ASX) last year, and sports developers Big Ant were recently bought out in a huge deal. South Australia’s Mighty Kingdom is the next studio to enjoy a massive injection of funds, with the company announcing they will list on the ASX on Wednesday, April 21.
Netmarble today announced that it has acquired a majority stake in Kung Fu Factory, the studio behind Scopely s WWE Champions and its own upcoming NBA Ball Stars.
With the acquisition, Kung Fu Factory will become a subsidiary of Netmarble US, which will make Ball Stars the first game published by the US division of the company. Kung Fu Factory has been a tremendous partner in the production of NBA Ball Stars and has been incredibly in sync with our vision for our first publishing project, said Netmarble US president Simon Sim. We re thrilled to have a developer with such an impressive portfolio of work become part of the Netmarble US family, and we look forward to building our relationship as we continue to expand our publishing capabilities in the West.