informa
/
1 MIN READ
News

Nexon hopes to unlock Southeast Asian game market with iDCC purchase

"With Thailand as our foundation, Nexon will continue to pursue business opportunities in the rapidly growing Southeast Asian mobile game market."

Tokyo-based free-to-play giant Nexon has acquired Thai game publisher iDCC for an undisclosed fee. 

The move was made by Nexon Korea, which picked up an initial 49 percent stake in iDCC to become its largest shareholder. 

Nexon plans to acquire the remaining 51 percent equity stake once the deal has been approved by the Thai government. 

While iDDC is one of the most successful publishers in Thailand -- its action RPG, 12 Tails Online, is the most successful domestic PC online game in the region -- Nexon clearly sees the purchase as a way into the Southeast Asian games market. 

"Partnering with iDCC, which brings significant expertise in servicing games in Thailand, will enable Nexon to provide enhanced local user support for delivering our various mobile games to users in Thailand," said Nexon Korea president, Jiwon Park.

"With Thailand as our foundation, Nexon will continue to pursue business opportunities in the rapidly growing Southeast Asian mobile game market."

According to Newzoo data, Thailand currently represents over 20 percent of the Southeast Asian game market, which is expected to be worth over $2.2 billion in 2017.

Given Nexon's success in the East, it's not surprising to see the MapleStory publisher double down on the burgeoning market with its latest acquisition. 

Latest Jobs

Treyarch

Playa Vista, Los Angeles, CA, USA
9.12.23
Senior Level Designer (Zombies)

PlayStation Studios Creative Arts

Petaling Jaya, Selangor, Malaysia
9.14.23
Lead Concept Artist

High Moon Studios

Carlsbad, CA, USA
9.20.23
Technical Designer at High Moon Studios

High Moon Studios

Carlsbad, CA, USA
9.18.23
VFX Artist
More Jobs   

CONNECT WITH US

Explore the
Advertise with
Follow us

Game Developer Job Board

Game Developer

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Advertise with

Game Developer

Engage game professionals and drive sales using an array of Game Developer media solutions to meet your objectives.

Learn More
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more