[NX] [JCE] Nexon Looking To Acquire JCE, The Developer Of Freestyle
Tokyo-based Nexon is currently in negotiations to acquire JCE, best known for their production of the Freestyle series of sporting MMOs. Through its Korean branch, Nexon Korea Corp., Nexon is in talks with current shareholders of JCE to purchase 35% of the company’s shares, thereby becoming the largest shareholder. Nexon will need to come to an agreement with other major shareholders in order to make JCE a full subsidiary company of the Nexon Co. Ltd.
Nexon has a track record of making profitable acquisitions. In 2005 they acquired MapleStory developer Wizet after they had been publishing MapleStory since 2003.
In 2008 they acquired Neople, the developer of Dungeon Fighter Online and took over DFO publishing from NHN that same year.
Atlantica developer Ndoors and Sudden Attack developer Gamehi were taken over in 2010 and Nexon took over the service of Atlantica in North America and Europe. They also took over the publishing of Sudden Attack in Korea and are currently preparing to take over the North American service of Sudden Attack, though no major notices on this transition have yet been made. Also in 2010, Nexon acquired Nclipse, the developer of Everplanet, which Nexon currently publishes in Korea and Japan.