Featured Articles

KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Nvidia introduces five new Quadro cards

Nvidia introduces five new Quadro cards

Nvidia has revamped its Quadro professional graphics line-up with a total of five new cards, two of which are based on…

More...
AMD Tonga XT graphics cards come later

AMD Tonga XT graphics cards come later

According to sources who wish to remain unnamed, we should see an AMD Tonga XT-based graphics card launched sometime in September.

More...
Nvidia Maxwell Geforce 800 comes in September

Nvidia Maxwell Geforce 800 comes in September

Nvidia was always cautious when talking about upcoming Maxwell parts, the first of which was launched back in March and based…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

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

 

Facebook activity

Latest Commented Articles

Recent Comments