Kabam Weighs 2013 IPO as Game Developer Expands Beyond Facebook
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Kabam Inc., the maker of Facebook Inc. games such as “Kingdoms of Camelot,” may hold an initial public offering as soon as next year as it tries to avoid rival developer Zynga Inc.’s over-dependence on the social network.
“An IPO is a great outcome for a sustainable, attractive, growing business,” Chief Executive Officer Kevin Chou said in an interview, adding that the company is considering holding a share sale in 2013 or 2014.