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News & Features Technology Kabam acquires social gamers WonderHill

Kabam acquires social gamers WonderHill

Written by Entrepreneur Country on Wednesday, 27 October 2010 10:48
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Kabam has announced the acquisition of Wonderhill, a casual gaming company who previously in 2009 secured $7 million Series A funding led by Charles River Ventures and Shasta Ventures. Terms of the deal have not been disclosed although TechCrunch has speculated that it is a mix of cash and equity with all of WonderHill’s team of 25 transferring to Kabam. Under the arrangement, WonderHill will officially become Kabam’s San Francisco studio, adding experienced development talent, IP, and over 2 million monthly active players to Kabam’s rapidly growing portfolio.

Kabam, a leading developer of real games for social networks best known for creating the breakout social game, Kingdoms of Camelot announced the acquisition of high-end social game developer, WonderHill who are best known for developing the strategy social game Dragons of Atlantis and other popular Facebook games such as Tattoo City. 

“Due to the traction of our strategy game, Dragons of Atlantis, we’ve been called on by a large number of potential acquirers”

“WonderHill’s talent, analytics technology, and culture of quality game development fits extremely well with our existing approach and portfolio,” said Kabam CEO Kevin Chou. “WonderHill’s new direction in Flash-based strategy games with Dragons of Atlantis makes them a perfect complement to Kabam as we aggressively grow our business in deeply engaging social games. With our recent infusion of seasoned executive leadership, we have a solid foundation in place to integrate outstanding development talent like WonderHill.”

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Last modified on Thursday, 28 October 2010 12:17
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