October 18, 2017 5:38 AM ET

Internet Software and Services

Company Overview of Kongregate, Inc.

Company Overview

Kongregate, Inc. operates an online gaming portal. It offers various types of games, including action, multiplayer, shooter, adventure and RPG, sports and racing, strategy and defense, puzzle, music, and more. Kongregate, Inc. was incorporated in 2006 and is based in San Francisco, California. As of July 24, 2017, Kongregate, Inc. operates as a subsidiary of Modern Times Group Mtg AB.

660 Mission Street

Suite 400

San Francisco, CA 94105

United States

Founded in 2006

Phone:

415-618-0087

Key Executives for Kongregate, Inc.

Kongregate, Inc. does not have any Key Executives recorded.

Kongregate, Inc. Key Developments

Modern Times And Kongregate Seek Acquisitions

Modern Times Group Mtg AB (OM:MTG B) and Kongregate, Inc. plan to acquire first-party games developers.

Kongregate Provides Sales Guidance for 2017

GameStop acquired Kongregate. For 2017, Kongregate expects to bring in at least $50 million in net sales, after reporting revenues of $35 million in 2016.

Kongregate Launches First Original Title on Steam, GRIDD: Retroenhanced

Kongregate launched their first original title on Steam, GRIDD: Retroenhanced. GRIDD is a fast-paced arcade style shoot ‘em up, with ‘80’s inspired graphics modernized for present high-powered gaming devices. It is regularly priced at $11.99 but is currently 10% off for a limited time on Steam. From Italian indie developer, Antab Studio, GRIDD: Retroenhanced is a unique mix of anti-gravity racing fused with an old school arcade shooter. It takes the traditional top down arcade shooter gameplay and turns it on its head with a fully 3D point of view, dynamic camera angles, and a next-gen, neon visual style. Players are dropped into the role of an elite hacker violating an AI-protected super advanced mainframe. They will have to race through cyberspace, avoiding the viruses sent by the AI and eventually go head-to-head with the corrupted artificial intelligence system. GRIDD: Retroenhanced is now available on Steam and is coming soon to Xbox One & The Windows Store. It will be regularly priced at $11.99, but is 10% off for a limited time.

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