MTG completes acquisition of Kongregate
MTG has completed the previously announced acquisition of 100% of US games publisher and developer Kongregate Inc. for an Enterprise Value of USD 55 million.Jørgen Madsen Lindemann, MTG President and CEO: “Consumers now spend almost a third of their mobile device time playing games, and Kongregate is a great fit with our strategy to invest in relevant, complementary and scalable digital content and communities. Kongregate significantly strengthens our