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Nexon continues to chase the mobile market with Studiospiel deal

Nexon continues to chase the mobile market with Studiospiel deal

May 27, 2014 | By Alex Wawro

Free-to-play game company Nexon announced a partnership with Austrian studio Socialspiel today, signaling the company's intent to continue bolstering its portfolio of Western mobile games.

As part of the agreement, Nexon will make a cash equity investment and take a minority stake in Socialspiel, as well as nominating someone to the studio's board of directors.

More importantly, the partnership affords Nexon exclusive worldwide publishing rights to Socialspiel's upcoming mobile games.

Nexon recently cut similar deals with Robotoki and Vanguard Games, presumably in a bid to boost its flagging financial performance in North America and Europe.

This long-term strategic partnership combines Socialspiels experience and track record of developing unique, high-quality game play experiences for Western audiences with Nexons extensive free-to-play experience, global publishing platform and international user base, stated Nexon CEO Owen Mahoney in a press release announcing the deal.

You may remember Socialspeil as the Vienna-based studio founded in 2010 by former members of Deep Silver and the defunct Rockstar Vienna.

The company has gone on to produce free-to-play mobile and browser games like Asterix & Friends, and is currently working on an untitled action-RPG that will be published in 2015 by Nexon.

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