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.
Here’s a Black Friday 2017 circular many of us have been waiting for: Newegg
Battlefield 1: Turning Tides early access listed for December 11 on official website before being pulled
Two weeks early access to the Turning Tides expansion for Battlefield 1 is set to kick off on December 11, apparently.
The 2017 Golden Joystick Awards winners have been announced, with The Legend of Zelda: Breath of the Wild taking home the ultimate prize.
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.