The remaining assets of Kabam have been spun-off into a new company following Netmarble’s acquisition of its Vancouver studio, Marvel: Contest of Champions and a number of its employees.
The new studio will be called Aftershock and includes many of the same leadership and publishing teams. It will also house Kabam’s former LA and San Francisco-based studios.
The latter team is currently prototyping a new game while the former is developing a massively multiplayer title based on James Cameron’s Avatar film franchise.
The LA studio is also said to be working on a new unannounced game based on an “iconic entertainment brand”.
Still for sale
The news comes as Netmarble’s now completed acquisition includes Kabam as a wholly-owned subsidiary – with Tim Fields promoted to CEO of Kabam Games.
A statement to PocketGamer.biz said the new company Aftershock has already “opened itself for acquisition and has begun conversations with prospective buyers for all or parts of the company”.
This is keeping in line with the Kabam leadership’s previous intentions to sell all parts of the company.
The executive team at Aftershock includes CEO Kevin Chou, CFO Steve Klei, President of Studios and Live Services Aaron Loeb and COO Kent Wakeford.