Nexon – Former EA executive tasked to lead Western market and we are genuinely worried

Barely a month after investing in the startup, Nexon today announced its plan for the complete acquisition of Embark Studios AB (“Embark Studios” or “Embark”), founded by Patrick S√∂derlund. Nexon will increase its existing stake of 66.1% to 72.8%, and…

Embark Studios – New Swedish developer becomes a Nexon subsidiary

Nexon today announced that it will increase its investment in Embark Studios following the initial investment made in November 2018. Nexon will now acquire an additional 32.8% of the outstanding shares of the studio, increasing its total shares to 66.1%.…