Nexon Inc., (CEO Min Seo, ShinChul Kang) announced earlier this week, that Nexon has acquired the management rights to GameHi Inc, development company famous for “Sudden Attack, and “Dekaron”. Nexon acquired 29.30 percent of the shares, which includes management rights of GameHi from GunIl Kim, the largest shareholder, for 73.2 billion won. Through this acquisition, Nexon will be able to merge its online game publishing know-how and infrastructure with the expert game development capabilities of GameHi to create greater value for the company and increase Nexon’s influence as the global leader in the game industry.
GameHi is an online game development and service company founded in 2000 and has a recorded total revenue of 41.5 billion won and operating profits of 11.9 billion won.