MTG to acquire U.S. cross platform games publisher & developer Kongregate
· MTG adds further dimension to digital gaming vertical with acquisition of San Francisco based Kongregate · Kongregate attracts up to 14 million monthly active users across all platforms, with more than 100,000 games on own browser platform and more than 100 million downloads of 45 games from app stores · Kongregate also expanding into first party game development · Kongregate expected to generate net sales of at least USD 50 million in 2017 with an EBITDA margin of approximately 10%
MTG is acquiring 100% of U.S. games publisher and developer Kongregate Inc.