Kongregate


MTG looks to invest in Kongregate founder’s new gaming venture

Modern Times Group (MTG)-owned gaming outfit Kongregate’s CEO and co-founder Emily Greer is leaving the company to pursue a new gaming venture with the potential backing of Kongregate’s parent company. MTG is in discussions to invest in her new company through its VC fund backing gaming startups. Greer co-founded Kongregate with her brother Jim in […]

MTG closes Kongregate acquisition

Modern Times Group (MTG) has closed its US$55 million acquisition of US games publisher and developer Kongregate. MTG announced the deal a month ago and has now bought 100% of the San Francisco-based games company, which will be fully consolidated into MTG’s digital business MTGx from August 1. “Consumers now spend almost a third of […]