Developer to become a subsidiary.
Netmarble announced today that it acquired a majority stake in LA-based game developer Kung Fu Factory. Kung Fu Factory is not in fact a factory where Kung Fu is manufactured, but instead makes casual mobile games based on popular IPs like WWE wrestling and Hotel Transylvania. Kung Fu Factory is working with Netmarble on the production of NBA Ball Stars.
“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 Simon Sim, President of Netmarble US. “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.”
“Kung Fu Factory is delighted to officially be a part of the Netmarble US family, as their pedigree and success of supporting mainstream mobile gaming experiences enjoyed by millions of players speak for themselves,” said Ricci Rukavina, Founder/CEO of Kung Fu Factory. “We are eager to blow out the launch of NBA Ball Stars in a big way, and are looking forward to creating an amazing future with Netmarble US.”
Netmarble announced the Q1 2021 release of NBA Ball Stars via their year end fiscal results.
MMO Fallout 