Korean game company Nexon has acquired a 14.7% minority stake in fellow-Korean publisher NCsoft for $688 million, the firm announced today. The shares, which number 3.218 million, were purchased from NCsoft chairman and founder Taek Jin Kim, which means Nexon is now the largest shareholder in NCsoft. Nexon said the stock purchase was part of a long-term partnership between the two firms. Thanks, VentureBeat.
A few hours in the lab with the latest cast members has me excited.
An open beta will be held for Ghost War, the PvP mode for Ghost Recon: Wildlands.
Splatoon 2 is released today, and if you’re the type to wait on reviews before making a purchase, scores for the paint shooter have dropped.
Vivendi has sold its remaining shares in Activision Blizzard for $1.1 billion to an undisclosed financial institution, according to MarketWatch.
Shares in Zynga stock are up 10% due to the firm’s announcement of a new gaming portal and publishing deals. However, despite the boost, industry analysts feel some “complications” may arise between the firm and Facebook over the move.