Netmarble acquired a majority stake in Kung Fu Factory

Mobile games company Netmarble announced that it has acquired a majority stake in WWE: Champions developer Kung Fu Factory.
Netmarble kung fu factory
Netmarble acquired a majority stake in Kung Fu Factory.

Netmarble announced that it has acquired a majority stake in WWE: Champions developer Kung Fu Factory.

With the acquisition, Kung Fu Factory will become a subsidiary of Netmarble USA. The two companies are currently working on NBA Ball Stars, which was announced in recent months.

“Kung Fu Factory is delighted to officially be a part of the Netmarble US family, as their pedigree and success of supporting mainstream mobile gaming experiences enjoyed by millions of players speak for themselves,” said Kung Fu Factory CEO and founder Ricci Rukavina.

“We are eager to blow out the launch of NBA Ball Stars in a big way and are looking forward to creating an amazing future with Netmarble US.”

NBA Ball Stars is important in terms of being the first game to be released by Netmarble USA. The company is working with the NBA and the National Basketball Players Association (NBPA) for this mobile game featuring players from the league.

“Kung Fu Factory has been a tremendous partner in the production of NBA Ball Stars and has been incredibly in sync with our vision for our first publishing project,” said Netmarble US president Simon Sim.

“We’re thrilled to have a developer with such an impressive portfolio of work become part of the Netmarble US family, and we look forward to building our relationship as we continue to expand our publishing capabilities in the West.”

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