Tencent Might Acquire Nexon
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News/Tencent Might Acquire Nexon
Tencent Might Acquire Nexon
Chinese tech giant Tencent is reportedly in early talks to acquire Nexon, the South Korean video game publisher known for long-running franchises like MapleStory and Dungeon & Fighter. According to a recent Bloomberg report, Tencent has reached out to the family of Nexon’s late founder, Kim Jung-ju, to explore a potential deal.
While no formal agreement has been announced, sources close to the matter suggest that Kim’s family is currently weighing its options and consulting advisers on how to proceed. Nexon’s market capitalization is estimated at around $15 billion, making any potential acquisition one of the most significant in the global gaming industry in recent years.
Tencent appears to be targeting publishers with proven, revenue-generating franchises and established player communities. The company is reportedly interested in expanding its portfolio with "evergreen" titles that promise long-term engagement and financial stability.
The news follows a string of aggressive investments by Tencent. The company recently made headlines with a $1.25 billion deal involving Ubisoft, creating a new operating model and subsidiary as part of that partnership. Tencent has also expanded its reach through increased stakes in companies like Kadokawa—the parent of Elden Ring developer FromSoftware—and Beijing-based studio Wangyuan Shengtang, known for the Gujian RPG series. Additionally, Tencent loaned €15 million to Remedy Entertainment, the studio behind Alan Wake 2.
Neither Tencent nor Nexon has issued a public comment regarding the potential acquisition.
More:Tencent Q3 Reports Revealed
Tencent Might Acquire Nexon
Chinese tech giant Tencent is reportedly in early talks to acquire Nexon, the South Korean video game publisher known for long-running franchises like MapleStory and Dungeon & Fighter. According to a recent Bloomberg report, Tencent has reached out to the family of Nexon’s late founder, Kim Jung-ju, to explore a potential deal.
While no formal agreement has been announced, sources close to the matter suggest that Kim’s family is currently weighing its options and consulting advisers on how to proceed. Nexon’s market capitalization is estimated at around $15 billion, making any potential acquisition one of the most significant in the global gaming industry in recent years.
Tencent appears to be targeting publishers with proven, revenue-generating franchises and established player communities. The company is reportedly interested in expanding its portfolio with "evergreen" titles that promise long-term engagement and financial stability.
The news follows a string of aggressive investments by Tencent. The company recently made headlines with a $1.25 billion deal involving Ubisoft, creating a new operating model and subsidiary as part of that partnership. Tencent has also expanded its reach through increased stakes in companies like Kadokawa—the parent of Elden Ring developer FromSoftware—and Beijing-based studio Wangyuan Shengtang, known for the Gujian RPG series. Additionally, Tencent loaned €15 million to Remedy Entertainment, the studio behind Alan Wake 2.
Neither Tencent nor Nexon has issued a public comment regarding the potential acquisition.
More:Tencent Q3 Reports Revealed
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