The American company Kabam expects that its annual revenue for this year will grow by 35% compared to last year’s result. This means that digging will earn about $550 – $650 million.
Kabam is also increasing its presence in the European market, which is important to it, responsible for 40% of its revenue. To do this, the company has opened an office in Berlin, which will support existing games in Germany, France, Spain, Italy, Russia, Turkey and Britain. At the moment, the branch employs 80 employees, and by the end of the year the team will expand to 150 people.
Kabam is doing well. Her projects Kingdoms of Camelot, The Hobbit: Kingdoms of Middle-earth and Fast & Furious 6: The Game generate more than $100 million each. The company buys successful studios (bought Phoenix Age a month ago), actively invests (23 developers, 30 products). There is an opinion that this year it will release its shares on the stock market.
Kabam is a private company with a staff of more than 750 people. She started as a developer of sports web applications. She became widely known thanks to the hardcore time manager Kindoms of Camelot.