News

Krafton snaps up mobile games studio Dreamotion

Building out the plan

Date Type Companies involved Size
May 14th, 2021 acquisition Krafton Not disclosed
Krafton snaps up mobile games studio Dreamotion

PUBG maker Krafton has acquired fellow South Korean mobile games studio Dreamotion.

Established in July 2016, Dreamotion has developed and published three games to date, including Samurai, Road to Valor: World War II and Gun Strider: Tap Strike. Terms of the deal were not disclosed.

Going forward, Dreamotion will continue to work as an independent studio alongside Krafton's other studios: Blue Hole Studio, Rising Wings and Strike Distance Studio.

Passion

"I think the passion of Dreamotion, which has demonstrated creativity and production capabilities by presenting a variety of games with a sense of speed, is in line with Krafton's vision," said Krafton CEO Kim Chang-Han.

Dreamotion CEO Lee Jun-young added: "We are very happy and proud to be able to be with Krafton as an independent studio."

This acquisition will add value to Krafton's strategies as it attempts o strengthen its mobile games business and penetrate an even larger user base.

Krafton recently added four new members to its board of directors.


Staff Writer

Grew up playing Super Mario, Contra, etcetera just like other 90s kids and now he is totally into Mobile Gaming. He has been following the gaming industry since his childhood. Tousif holds a bachelors degree in English and a masters degree in Business Administration. Other than gaming, he is interested in Photography, an ardent fan of Real Madrid, and a big follower of ColdPlay.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies