NCsoft Regroups with New Western Corporation

By David Radd

Posted December 14, 2012

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


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