Tag: YNK Korea

[Korea] M&A News

I’ve got three M&A news from Korea.

1) CJ Internet Looking into GameHi

CJ Internet is looking into buying GameHi, a developer behind a popular FPS game Sudden Attack. CJ Internet said “we are considering the option in order to strengthen our game development competitiveness, but nothing is decided yet.”

2) A Book Publisher Became a Major Shareholder of YNK Korea

A book publisher of “The Lord of the Rings” in the Korean language, Golden Bough (황금가지: Kor), became a major shareholder by obtaining 33% of total shares of YNK Korea.

3) Nflavor and Aeonsoft ?Became One

Nflavor and Aeonsoft announced their merger on February 10. Both companies are a part of Gala Group. Nflavor’s CEO, Seung Hyun Park, will serve as a CEO of Aeonsoft as well.

[YNK Korea] Seal Online re-enters Thailand

Korean publisher?YNK Korea partnered up with local publisher?Winner Online to publish its RPG game, Seal Online, in Thailand. YNK Korea already tried this path in 2003 but is seemingly doing better in second time around; since its CBT started July 16, 50,000 players have sigend up so far.

seal online