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NCsoft Regroups with New Western Corporation

Lauren Arevalo-Downes   |  

NCsoft Corporation has announced that it will sell shares in North American subsidiary NC Interactive for over 78 billion KRW ($73 million) on December 24, 2012. They will use these funds to establish a new corporation in North America on the same date that will handle the company’s business in the U.S. and Europe.

“As part of NCsoft’s ongoing efforts to become a stronger global company, we are making adjustments to ensure that our western teams and games are more independent and more agile,” said NCsoft in a statement. “These efforts have no effect on NCsoft, ArenaNet or Carbine employees, nor will they have any effect on current titles or those in development.”

Source: Polygon