Nexon to fully acquire Embark Studios [2020-11]

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I didn't want to burry this in the Microsoft Buying rumor thread...

https://venturebeat.com/2019/08/05/nexon-will-fully-acquire-embark-studios/

Nexon announced today that it plans to become the majority holder in Embark Studios.

This comes after Nexon became the majority investor in Embark in July. Now Nexon is increasing its stake from 66.1% to 72.8% and will have the option buy Embark’s remaining shares over the next five years.

The South Korea-based Nexon is traded publicly on the Tokyo Stock Exchange. The company focuses on PC multiplayer games like Tera and mobile titles like the strategy-based DomiNations. Embark is based in Stockholm, Sweden. The young studio started in 2018 and is working on its first, named multiplayer project.
 
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