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BobYoMeowMeow wrote on 2012-06-08 20:31
Nexon Co. (3659), a Tokyo-based maker of online games, bought a 804.5 billion won ($685 million) stake in NCSoft Corp. (036570) to become the South Korean company’s biggest shareholder.
Nexon purchased 3.2 million NCSoft shares, a 14.7 percent stake, from NCSoft Chairman Kim Taek-Jin for 250,000 won apiece, it said in a statement today. That’s 6.7 percent less than today’s closing price in Seoul for NCSoft, which offers online games including Lineage and Aion.
Nexon sees “a lot of opportunities†for acquisitions in Asia, North America, and Europe, Chief Financial Officer Owen Mahoney said last month. The Tokyo-based company is interested in investing in companies that develop games for Facebook Inc. and mobile-phone users, he said at the time.
NCSoft, based in Seoul, rose 0.4 percent to 268,000 won in trading on the city’s stock exchange today before the announcement. Nexon fell 0.2 percent to 1,319 yen on the Tokyo stock exchange today.
http://www.businessweek.com/news/2012-06-08/nexon-buys-685-million-stake-in-ncsoft-becomes-biggest-holder
influencing your guild wars 2
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Sumpfkraut wrote on 2012-06-08 20:33
Aren't NCSoft responsible for City of Heroes too? That's a pretty damn cool game.
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Kollin wrote on 2012-06-08 21:03
Nexon infecting everything.
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Darkist wrote on 2012-06-08 21:08
Quote from Sumpfkraut;883071:
Aren't NCSoft responsible for City of Heroes too? That's a pretty damn cool game.
Mhm and Aion.
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MareneCorp wrote on 2012-06-08 21:17
Nexon for destruction.
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Claudia wrote on 2012-06-08 21:29
Hoo boy.
Uh, congratulations to Nexon?
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Rin wrote on 2012-06-08 21:35
All falls on ArenaNet's decisions now.
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Kingofrunes wrote on 2012-06-08 21:53
Guild Wars 2 already has a cash shop as it is. Hopefully they don't put too much influence on it.
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Joker wrote on 2012-06-08 22:08
FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu
KILL NEXON WITH FIRE.... NOW!
Nexon aka.... Skynet... were DOOOOMED!
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Juno wrote on 2012-06-10 13:15
I thought Nexon was based in Korea, not Tokyo?
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ZazieTheBeast wrote on 2012-06-10 15:35
hope this doesn't effect blade & soul, they just announced there open beta for that game
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Osayidan wrote on 2012-06-10 15:41
Quote from Juno;884158:
I thought Nexon was based in Korea, not Tokyo?
I remember reading something about them moving to japan.
No sure why they would do that if they practically owned the korean online gaming market.
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Oizen wrote on 2012-06-10 16:05
Dammit.
Poor Aion.
I expect Gachapons to be in every game now.
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Morrigan wrote on 2012-06-10 16:08
I thought Nexon was broke considering how poorly their servers run.
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Claudia wrote on 2012-06-10 16:12
Quote from Morrigan;884194:
I thought Nexon was broke considering how poorly their servers run.
Still don't understand why people think like this. ^