Korean online game publisher Nexon has acquired mobile game developer Gloops for ¥36.5 billion ($468 million). Gloops is best known for titles on DeNA’s Mobage platform in Japan, such as JapanPro Baseball Card Battle, Warriors of Odin and Three Kingdoms Guild Battle.
Gloops is looking to expand internationally and Nexon will be able to help make that happen. Gloops is releasing five titles in 2012 in North America and Europe, along with another five in 2013. The company also plans to release one titles in China and Korea.
“This acquisition significantly accelerates Nexon’s mobile strategy, giving us immediate exposure to Japan’s large and fast growing mobile market,” said Seungwoo Choi, President and Chief Executive Officer of Nexon Co., Ltd. “Gloops has established itself as one of the premier mobile game developers in the world and a key player in one of our most important growth areas, with a robust portfolio of hit titles and a strong track record of driving market innovation. We look forward to leveraging gloops’ outstanding capabilities and scale to expand the Nexon game experience to users on mobile platforms worldwide.”
“We are thrilled to become a part of the Nexon family,” said Shinsuke Kawakata, President of gloops. “Providing compelling games for mobile users has always been our passion, and we look forward to being a part of an even larger organization as we work to continue bringing new and exciting titles to a growing base of players around the world.”
Article from Gamersyndrome.com