Sections

Nexon to merge two subsidiary studios

Nat Games and Nexon GT will become one team, and rebrand to Nexon Games

Games publisher Nexon has announced that it will combine two of its owned developers into a singular studio.

Korean developer Nexon GT, known best for its RPG and mobile titles, and Nat Games, which is currently working on upcoming title Project Magnum, will merge into one team, and the new entity will become Nexon Games.

Nat Games' current CEO Yong Hyun Park will move into the same role at the new company. The board of Nexon Games will also include Ji Hwan Shin, current CEO of Nexon GT, as well as Junghun Lee, CEO of Nexon Korea Corporation.

The merger will be finalised at a general meeting of shareholders on February 8, 2022.

The move follows Nexon's efforts to diversify beyond its PC business; the firm reported last month that PC revenue was up 24% year-over-year, but its mobile revenues saw a larger dip of 44%.

Earlier this year, the company invested $874 million in Bandai Namco, Konami, Sega and Hasbro in an initiative to support "overlooked and undervalued" entertainment brands.

More stories

FIFA Online 4 will be unaffected by EA and FIFA split

Nexon tells us it does not expect any changes to players, stadiums and features in popular free-to-play version

By James Batchelor

Correction: Nexon leadership remains unchanged

Report that wife of late founder had taken over was inaccurate

By James Batchelor

Latest comments

Sign in to contribute

Need an account? Register now.