South Korean Netmarble Games Corp announced the preparation of a target budget of 5 trillion won ($ 4.4 billion) for the acquisition of new studios and intellectual property.
Netmarble will start implementing its plans after entering the stock market.
It is expected that the issue and sale of shares will bring the mobile gaming company $2.4 billion. The second half of the budget will be formed by profits and loans.
Netmarble doesn’t have a specific “shopping list”.
Netmarble Games Corp is the largest mobile gaming company in South Korea. Her mobile role-playing MMO Lineage 2: Revolution earned $176.6 million per month of release, despite the fact that the game was released only at home.
Source: Reuters