06 December 2019:
Web Games Specialist Kongregate has acquired browser battle royale game Suviv.io. The financial details have not been disclosed yet.
“Surviv.io marks our second acquisition in which we have acquired the game, the IP, and taken over operations. In 2020, we will continue this strategy of acquiring titles with strong organic communities and lasting power. This allows developers to focus their time and attention on their next hit title, and ensures their community is supported for years into the future,” said said Patrick Moran, the general manager of the live operations studio at Kongregate, in a statement.
“With the acquisition of Surviv.io, Kongregate and MTG are proving their commitment to marrying promising indie titles with Kongregate’s publishing capabilities, specifically its best-in-class live operations, monetization and user acquisition. We are excited to add Surviv.io to the Kongregate first party portfolio and are looking forward to accelerating our ‘buy and build’ strategy in the near future by adding even more titles to the four acquisitions made to date,” said Jan Steglich, director of gaming investments of MTG said in a statement.
Surviv.io was developed by Justin Kim and Nick Clark.
“Nick and I are proud of everything we’ve done with Surviv.io as a two-man squad. We are excited to have Kongregate’s team create new features and expand the player experience over the years to come,” said Surviv.io’s Kim in a statement.
(Image – Kongregate)