Kabam expands European presence with new Berlin office

Newsbrief: Free-to-play publisher/developer Kabam has opened a new office in Berlin in an effort to expand its presence in the European free-to-play market. "Europe is a thriving free-to-play market where more than forty percent of Kabam revenue comes from," Kabam Studios president Andrew Sheppard stated in a press release announcing the news."Berlin is a vibrant tech hub with a unique multi-national workforce, and is the ideal place to expand Kabam’s European games support." The staff of the new office are expected to provide regional support for Kabam games like The Hobbit: Kingdoms of Middle-earth and Kingdoms of Camelot: Battle for the North, which were some of the company's top-grossing games of last year according to its most recent financial report. The new office is also expected to help support Kabam's WorldWide Developer Fund, a $50 million pool of capital the company invests in third-party free-to-play game developers from China, South Korea and Japan to help them localize their games for Western markets.