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.
Pokemon Go players worldwide finding Shiny Pikachu in the wild, Mewtwo coming to Exclusive Raid Battles
Reports of Shiny Pikchu spottings in Pokemon Go surfaced yesterday, and today Niantic Labs as confirmed the critters are appearing around the world.
Gearbox Publishing announced today it’s bringing Compulsion Games’ We Happy Few to retail. But, you’ll have to wait until next year to play it.
Sony has provided a few, small details regarding its annual, December PlayStation Experience event.
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.