According to foreign reports, Korea’s biggest online gaming company, Nexon, is set to expand again after news leaked out about a potential takeover of JCE, the developer of games such as Freestyle Online and its sequel, Freestyle 2: Street Basketball. Nexon has bought over various companies over the past year, with the biggest acquisition being GameHi. Talks between Nexon and JCE are apparently going on despite no official comments from either side.
It is said that NHN Corp, despite owning 5% of JCE’s shares, is on the outer as a decision to buy the company will have to go through several chains of commands and department, while over at Nexon, the founder and CEO will make the final decision. NHN Corp most recently tried to purchase Ntreev Soft, but was apparently outbid by NCsoft (link).
The following is not a rumor, as Nexon is set to be listed in the Tokyo Stock Exchange. The plan was disrupted due to the earthquake disaster a few months ago, but it looks to be back on track. If successful, Nexon’s value will potentially be worth twice that of NCsoft’s.
