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 Söderlund. 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%.…