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Finance

Aeria Games acquires ijji Games portal

Thu 05 Jan 2012 2:00pm GMT / 9:00am EST / 6:00am PST
OnlineFinance

Also received investment and publishing rights from Koren internet company NHN

Aeria Games Europe

Aeria Games & Entertainment is the leader in free-to-play massively multiplayer online (MMO) games in...

aeriagames.com

Online gaming site Aeria Games has acquired free-to-play gaming portal ijji Games, and investment from Korean internet company NHN.

"The acquisition of ijji Games further enhances our market leader position in the rapidly consolidating free-to-play sector of mid- and hard-core gaming," said Lan Hoang, CEO

"In addition to outstanding new content such as the popular A.V.A. and Soldier Front games and other quality titles from NHN going forward, NHN's investment-which is our first external funding-will provide resources to facilitate our continuing growth and business expansion in multiple areas."

Aeria has also join forces with NHN to publish its games globally, adding to its portfolio of over 30 MMOs including Wolf Team, Last Chaos and Need For Speed World.

4 Comments

gi biz ;,pgc.eu

341 51 0.1
Aren't all games from Aeria completely free? Like no extra content, no fees, no advertisement? Am I missing something or where did they get the money to buy things?

Posted:2 years ago

#1

Brian DeSanti Producer, Kabam

1 0 0.0
Aeria's game use the micro-transaction revenue model so they can be completely free if you choose, or you can spend money for enhancements, vanity items, etc.

Posted:2 years ago

#2
This can be read in a different number of ways. NHN is a very very large company - this investment made in Aeria could be quite significant and practically make Aeria its game entity in the West, rather than just a licensor.
Last sentence is not very clear at this point and I guess what happens to the NHN games currently in development will tell more about this than a deal on the actual portfolio.

Posted:2 years ago

#3

Brian Lewis Operations Manager, Aeria Games Europe

132 84 0.6
You can see the official press release on the Aeria Site:
[link url=http://www.aeriagames.com/news/43659/aeria-games-acquires-ijji-games-in-conjunction-with-investment-funding-from-nhn-corporation
]http://www.aeriagames.com/news/43659/aer...[/link]

You can also read the FAQ about how Ijji will be merged into Aeria:
[link url=http://www.aeriagames.com/forums/en/viewtopic.php?t=1450869
]http://www.aeriagames.com/forums/en/view...[/link]

These are the official statements for now, but you should be able to figure out the rest when more details are announced in the future.

At this time Aeria is publishing titles from many (previous) competitors, such as Perfect World, EA, K2/GamersFirst, and now NHN (Ijji). Expect to see more such deals in the future as Aeria grows.

Posted:2 years ago

#4

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