News

Nexon invests in NAT Games as it preps Korean smash HIT for global launch

Date Type Companies involved Size
April 19th, 2016 investment Barunson E&A
NAT Games
Nexon
Nexon Korea
Not disclosed
Nexon invests in NAT Games as it preps Korean smash HIT for global launch

Following the success of its published RPG HIT in Korea, Nexon has invested in developer NAT Games.

The deal - labelled a strategic partnership - sees Nexon taking a 22.4 percent stake in NAT Games, making it the second largest shareholder.

It's also invested in NAT Game's main shareholder Barunson E&A (KOSDAQ:035620), which will see Nexon (#14 on our Top 50 Developers of 2016 list) publishing its PC MMORPG Astelia.

Going global

NAT Games was set up by CEO Yong-Hyun Park, who was involved with the development of hit MMORPGs Lineage II at rival Korean publisher NCsoft.

A top grossing game in Korea off the back of 5 million downloads, the Unreal Engine 4-utilising HIT (aka Heroes of Incredible Tales) is due for global release later in 2016.

"We are pleased to enter into this partnership. Nexon is the ideal partner to support our global growth," commented Yong-Hyun Park.

The move follows on from Nexon's acquisition of western developer Big Huge Games.

The move follows on from Nexon's acquisition to secure the services of western developer Big Huge Games, which developed its hit strategy game DomiNations.

"We will continue to improve our development skills and this partnership will enable us to produce unique and high-quality games."

"HIT archieved remarkable regional success, and we look forward to continuing our work with NAT Games for HIT's further success and a seamless global launch," said Nexon Korea CEO Jiwon Park.


Contributing Editor

A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.

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