Korean publisher Nexon has signed a deal to acquire a 19.99 percent share of mobile developer Moyasoft.

This is Nexon's first investment in a mobile developer since the merger between Nexon and Nexon Mobile, which will see Nexon's existing PC gaming IP utilised in its mobile output as part of an aggressive smartphone strategy for 2012.

God of warz

Mobile developer Moyasoft is best known for its iPhone and Android RPG Godwarz.

Min Seo, CEO of Nexon said of the deal: "Nexon opened a way to actively cooperate with Moyasoft who has developed the popular social RPG.

"We are going to keep looking to ways of growing along with capable developers."

[source: This Is Game]