11.11.2022

Krafton has agreed to purchase the Swedish Neon Giant developer studio The Ascent

Krafton mentioned the purchase as part of its third quarter financial report. She did not disclose the amount and terms of the transaction.

What else did Krafton tell you:

▪️During the third quarter, Krafton earned $320.4 million. This is 16.9% less in annual terms;

▪️The company’s net profit increased by 27% and reached $167.2 million;

▪️The quarterly revenue of PUGB Mobile alone amounted to $208.6 million. A 26% year-on-year drop;

Krafton is going to open a studio in Canada, which will lead the development of the Korean The Witcher, a game based on the series of novels The Bird The Drinks Tears.

Source:

Krafton
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