Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 11 June 2012 09:11

Nexon puts hooks into NCSoft

Written by David Stellmack

y exclamation

Korean game company now has 14.7%

Nexon, the Korea video game developer, has acquired a 14.7% stake in NCSoft according to a number of reports, and the company is confirming this. NCSoft is a fellow Korean publisher. While the two companies have been focused on different market niches, the decision seems to be sitting well with many we have spoken with.

According to Nexon, the purchase was part of a long-term partnership between the two companies. The 14.7% interest in NCSoft is said to have cost approximately $688 million dollars to get the deal done.

Sources tell us that the shares, which number around 3.218 million, were purchased from NCSoft Chairman and founder, Taek Jin Kim. With this purchase, Nexon is now the largest shareholder in the company.


blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments