Nexon Corporation, currently trading in the Tokyo Stock Exchange (3659.TO), just announced that its subsidiary, Nexon Korea, has entered into a definitive agreement to acquire all outstanding shares of mobile games developer Boolean Games. Terms and details of the transaction were not disclosed.
Founded in 2012 and based in South Korea, Boolean Games is most well-known for its Dark Avenger series, which achieved over 30 million downloads worldwide. Darkness Reborn, the sequel to Dark Avenger, hit over 10 million downloads in just three months since launching in November 2014.
Darkness Reborn will continue to be published worldwide by the current publisher, Gamevil. In addition, Nexon and Gamevil will seek to actively cooperate with each other in growing the mobile game business of both companies. “Joining the Nexon Group is a crucial step for Boolean Games to grow as a global development studio,” said Seungchul Ban, Chief Executive Officer of Boolean Games.
