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Japan's Nexon Attempting to Buy Out EA?
Electronic Arts (EA) had a good day at the markets, on Thursday morning, following a report in a South Korean daily which claimed that Japan's Nexon Corporation is in a bid to buy it out. This report was mirrored by Bloomberg video on Thursday morning as markets opened Stateside. EA shares are responding strongly to the rumor: the game maker’s shares have spiked $1.22, or 8.1%, to $16.23. EA has a market-cap of about US $5 billion, while Nexon's is around the equivalent of US $8.3 billion. Headquartered in Japan, Nexon is a predominantly Korean company, which specializes in development and distribution of online games.
http://www.techpowerup.com/img/12-04-27/278a_thm.jpg Source: Forbes |
If this happens, expect all of EA's games to become Pay2Win games (albeit Free2Play). EA already has some in existence, but it will only get worse, much worse.
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i have respect for nexon, a little, but respect. I have none for EA...
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EA is focusing on tons of DLCs for its games and one of its games, Simcity, will be online only...
Now Nexon, an online games developer/distributor is seeking to buy EA? How poetic. |
Nexon CEO to Nexon board members -" I hate Origin, it ruins my BF experience .. let's buy em out and delete it :cool: !"
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I know this is a broad generalization, but I have seen the Japanese as makers of quality game titles since I was a kid. If for nothing else maybe we'll get a good JRPG out of this!!! :rockout:
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I don't care who buys out EA as long as Origin is shuttered or at least the EA execs get their heads out of their butts and start trying to sell games again instead of promoting their broken piece of garbage. |
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Origin ain't going anywhere. It's EA's answer to Steam, Impulse, and Good Old Games. Every publisher is going to have an online retail service within 10 years if they don't already.
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EA is massive, its funny because EA snap up developers and now someone is going to buy them up. |
Nexon is a Korean company!
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p.s. (@JP) for less mining oriented people as myself: word-of-the-day aint pay2win its pay2play afiaUnderstood ;) Really grieving news, to keep the story short :( |
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I though that EA was one of the biggest game publishers out there, and that was the reason for their less than stellar treatment of customers. |
So... a crappy company might get bought by an equally crappy company... yay...
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I've been with Nexon for a long time, ever since they took over Maple Story from their subdivision Wizet (until I quit when I was like 15). Believe me when I say this, Nexon does not give a damn about their player base.
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Yay the deluge of MMOs over here would finally spill over to the West! :laugh:
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