Originally Posted by
dwmedia
Nexon Acquires Control of Korean Game Publisher GameHi
Authored by Mark Hefflinger on May 27, 2010 - 6:53am.
Seoul, South Korea - Korean online game publisher Nexon has paid $59.8 million for a controlling stake in local developer GameHi from the company's largest shareholder, GunIl Kim, VentureBeat reported.
Founded in 2000, GameHi has released titles such as "Sudden Attack," which counts up to 250,000 concurrent players.
The company saw revenues last year of $33.9 million and a profit of $9.7 million.
Nexon's titles include "Dungeon Fighter Online," which counts more than 200 million registered users and is slated to launch in North America next month.
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