Vancouver game developer acquired, but stays put

The Vancouver maker of the popular social media game Margaritaville has been acquired for an undisclosed amount by game developer Kabam, which plans to keep ...

Screen grab of Margaritaville Online

The Vancouver maker of the popular social media game Margaritaville has been acquired for an undisclosed amount by game developer Kabam, which plans to keep the studio's team working in Vancouver.

Kabam's acquisition of Exploding Barrel Games Inc. is just the latest in a series of acquisitions for the company in the last year and a half; it now has studios in San Francisco, Texas, Beijing, Luxembourg and Vancouver.

Steve Swasey, head of corporate communications for Kabam, said the San Francisco free-to-play game developer plans to keep Exploding Barrel's team of more than 30 developers working on new games in Vancouver.

"This is very much an acquisition by Kabam to grow Kabam in Vancouver," Swasey told Business in Vancouver. "They have tremendous talent, and talent in the high-fidelity, high-profile console games, and also in areas we want to enhance – 3D, for instance – and other genres of games."

Swasey said Exploding Barrel is working on three new games, two of which will be launched shortly.

nbennett@biv.com

@nbennett_biv

comments powered by Disqus

Also Read

More From Innovation

Tyler Orton discusses Apple stocks jumping in after-hours trading

Read Article

Tech companies helping keep data pirates and identity thieves at bay  

Read Article

Fast-growing Vancouver companies compete to make in-house HR software   

Read Article

UBC and SFU have churned out more than 200 spinoffs the past 30 years, but as many as a quarter haven’t survived 

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×