We are a UK based Flash games development team specialising in producing quality 2D games - kind of like the Three Stooges, but with joypads. We primarily develop for Flash, but have experience with iPhone and XBLA dev.
As three refugees from the mobile and handheld gaming industry, meeting during the halcyon days of IOMO (a developer held in high regard), we quickly formed a mutal dislike and distrust of each other. This formed the basis of our working relationship, and assured us that we would be bitter enemies in the years to come.
Armed only with a determination that we could do better than most of what was around, Megadev was formed in August 2008, after layoffs left us staring the dole in the face.
Source: The Developer Website.