Technology News

  • Kong Studios moves its HQ to Santa Monica CA , a hub city for renowned game companies such as Naughty Dog, Respawn Entertainment and Infinity Ward.
  • In August 2021 , US-based game developer Kong Studios raised $62M USD through Series B financing, instantly earned 'unicorn' status and is now focusing on developing a Triple A (AAA) title for its next project.

- U.S Game developer, Kong Studios Inc (Kong Studios), moved its headquarters from Nevada to Santa Monica, California . Santa Monica is a hub city for many renowned game development companies such as Naughty Dog, Respawn Entertainment and Infinity Ward. Kong Studios plans to ramp up development for its next triple A (AAA) title.

Kong Studios moves its HQ to Santa Monica, a hub city for game development companies.

Kong Studios released its first game 'Dungeon Link', a mobile puzzle RPG, in 2015 and released the second game titled 'Guardian Tales', a mobile adventure RPG in 2020. Guardian Tales is a highly polished game, featuring a well-written story line, and various characters expressed with detailed pixel-art graphics. Guardian Tales made its global grand launch in U.S, Europe , Korea and 230 other nations at the end of July 2020 . In 2021, the game also began its services in China and Japan .

After its release, the game received continuous praise from global users. Guardian Tales achieved $216M USD in sales and a total of 25M downloads only after a year of release. In August 2021 , Kong Studios closed a $62M USD Series B financing round and instantly became a 'unicorn' status company valued at $1B USD .

The success Kong Studios had in the Japanese gaming market right after Series B financing is evaluated as being in a league of its own. In October 2021 , Kong Studios self-published and began service in Japan through its Japanese branch. Within 2 days of launch, Guardian Tales became the most downloaded game for 2 consecutive weeks in both the Apple App Store and Google Play Store for the free-to-download category.

Guardian Tales not only achieved 1 st place for sales in the Google Play Store and 3 rd for sales in the Apple App Store but was also featured on 'Apple-Featured' which evaluates games based on excellence of quality. The game had successfully launched in the Japanese market, which is considered to be the home of sub-culture games. The feats Guardian Tales made in Japan lead to success in sales as well. After the first quarter of 2022, total sales passed $350M USD and the company is showing steady growth in the global market.

Kong Studios is planning to use its steady growth as a base to expand HQ's role. It plans to expand its IP (Intellectual Property) and related businesses in various areas. Unlike the 2D graphics based games it previously released, Kong Studios is planning to focus on developing a 3D open world sandbox game for the next title. Staff from Kong Studios stated: "HQ's move to Santa Monica is a significant start for Kong Studios Inc. It signifies growth of our company into one capable of developing a triple A (AAA) title. We are planning to actively hire professionals continuously to focus on developing our future title. Anyone prepared to develop a truly special game is always welcome."

Meanwhile, Kong Studios will start the collaboration event with the famous Japanese Anime, 'Slayers NEXT' in Japan for 4 weeks in May. The collaboration event was previously held in February for the global and Korean markets.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/kong-studios-moves-its-hq-to-santa-monica-a-hub-city-for-game-development-companies-301533883.html

SOURCE Kong Studios

News Provided by PR Newswire via QuoteMedia

GAMING00
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

NetEase Reveals Latest Game Innovations at 2022 Annual Product Launch Event

Diablo® Immortal ™ to Hit Chinese Market on June 23 , With Over 15 Million Players Already Pre-Registered in China

Updates on Hot Titles Including Harry Potter: Magic Awakened and NARAKA: BLADEPOINT

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Advokate Launches MetaGaia Wallet for Upcoming Metaverse and Accompanying P2E Game HexaHero

MetaGaia METG Wallet Simplifies Purchases for Upcoming Metaverse and P2E Game

Advokate Group a global leader in blockchain technologies, today announced the release of its own native wallet in preparation for the launch of its premier experience-to-earn metaverse, MetaGaia . The MetaGaia Wallet will be used to hold users' $METG, a native token for the MetaGaia metaverse.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

PC Building Made Easy: GIGABYTE introduces AORUS Project Stealth Computer Assembly Kit

- GIGABYTE Technology announced today its newly developed AORUS Project Stealth computer assembly kit, a revolutionary product that features a customized combo of motherboard, graphics card, and PC case. The Project Stealth is designed to eliminate the pain points of cable clutters, obstacles to installation, and obstructed airflow with a sleek header design, making PC building an easy task and the overall experience a pleasant one.

PC Building Made Easy! GIGABYTE introduces AORUS Project Stealth Computer Assembly Kit

Whether you are a beginner or an experienced user in PC building, many often find the building process frustrating when connecting various cables within a limited space. While others may also struggle with cable management. To improve the PC building experience, GIGABYTE developed the Project Stealth computer assembly kit, an ingenious solution that consists of a Z690 AORUS ELITE STEALTH motherboard and an RTX 3070 GAMING OC STEALTH graphics card pre-installed in an AORUS C300G STEALTH case. Through some smart re-engineering, the Project Stealth minimizes the need for cable connection and cable management. It ultimately simplifies the building process while keeping the case interior clutter-free for a much-enhanced airflow with sleek and cleaner aesthetics.

In addition to optimizing the PC building experience, AORUS Project Stealth is designed to perform. The computer assembly kit centers around the Z690 AORUS ELITE STEALTH motherboard, which supports the latest Intel 12th-gen processors for delivering enormous processing power. Paired with the WINDFORCE-cooled RTX 3070 GAMING OC STEALTH graphics card, the Project Stealth provides an ultimate gaming platform ready for those who are looking to build a high-end gaming PC.

The AORUS Project Stealth computer assembly kit is now available. Please contact local GIGABYTE retailers for availability. To learn more about the product, visit the official GIGABYTE website: https://bit.ly/AORUSprojectstealth

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/pc-building-made-easy-gigabyte-introduces-aorus-project-stealth-computer-assembly-kit-301551046.html

SOURCE GIGABYTE

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/20/c9108.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Esports Entertainment Group Announces Appointment of Kaitesi Munroe to Board of Directors

Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") today announced the appointment of Kaitesi Munroe to the Company's Board of Directors. Ms. Munroe satisfies the criteria for independent directors for the purposes of Nasdaq rules and applicable Securities and Exchange Commission requirements. Her appointment will bring the size of the Board to eight members.

"We are excited to further strengthen and diversify our Board of Directors through the appointment of Kaitesi Munroe, and I am delighted to welcome her to the Company," said Grant Johnson, Chairman and CEO of Esports Entertainment Group. "Her extensive knowledge and experience with legislative matters and government affairs will be of critical importance as we expand our iGaming footprint and establish ourselves as the leading provider of technology solutions to the fast-growing and exciting world of real money esports wagering. I am confident that Kaitesi's background makes her a great addition to the Board of Directors, and we are looking forward to benefiting from her perspective."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Dignitas Announces Nick as Rocket League Head Coach

Dignitas has announced Nicolas "Nick" Marrone as the new head coach of their Rocket League team.

Most recently, Nick was the head coach of Team Queso. Under Nick's tenure, Queso saw an incredible boom in their competitive results. After finishing 9th in the RLCS Fall split, Queso burst onto the scene in the Winter Split and won two of the three regional events as well as a 2nd place finish at the Major.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

GoNoodle Partners with Special Olympics and the 2022 Special Olympics USA Games to Promote Inclusivity in the Classroom

GoNoodle and Special Olympics Will Come Together to Help Educators Communicate Inclusivity and Belonging Through New Content and Educational Resources for Students, Educators, and Parents

GoNoodle has partnered with Special Olympics to help share the values, principles, and experiences of Special Olympics athletes with children across the country through new content, resources, and tools to help shape a generation that supports inclusivity for all. The aligned mission, to celebrate the limitless potential of individuals with intellectual disabilities and the power of movement to bring people together and, ultimately, transform lives speaks to the heart of both organizations. As Special Olympics athletes across the country get ready for the 2022 Special Olympics USA Games, kicking off on June 5th in Orlando, FL classrooms and families can use the resources to come together to learn and play, using the new series, "High 5, Champ."

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×