Mtg Acquires Kongregate
Modern Times Group to acquire casual games publisher Kongregate for $55 million
Kongregate pushing further into developing its own games by acquiring other studios
MTG is a pure-play esport and gaming investment company. We have a portfolio of companies in two verticals, esport and gaming, comprising some of the strongest brands in the industry. MTG strives to be the partner of choice for esport and gaming entrepreneurs, bringing industrial expertise, know-how and financial flexibility. We have an active ownership approach, working in close collaboration with our portfolio companies to drive long-term profitability and sustainable growth.