Kabam Acquires Phoenix Age
MARCH 10, 2014 • Kabam, Inc. is bringing another independent studio under its banner, Phoenix Age. Financial terms of the acquisition were not disclosed. However, Kabam told the Wall Street Journal last month that it had more than $70 million in cash available. Since 2007 Kabam has raised $125 million through four funding series, and is actively considering an IPO. Phoenix Age is best known as a producer of RPGs for iOS devices and Facebook. Since 2010 Kabam has.....