Maple Story makers Nexon consider buying Electronic Arts

maple story makers nexon consider buying electronic arts

Electronic Arts began the week with an associate of its Corporate Development Group saying that the company was “definitely” looking to acquire more game development studios in the future. EA is a company valued at around $5 billion today. Its tendrils spread far and wide through the industry. From big budget blockbusters like Mass Effect 3 to light hits like Bejeweled, it has games on every platform, from the lowly Nokia 1100 feature phone to the most powerful PC. Despite its big appetite for new studios, it looks like EA may be the one acquired in the near future. Nexon, the South Korean developer and publisher behind global hits like Maple Story, is said to be bidding on Electronic Arts.

Share prices in Electronic Arts spiked up 5% on Thursday morning after a South Korean newspaper said that Nexon had made an offer for the company. Nexon declined to comment on the rumor, as did EA’s spokesman Jeff Brown. Owen Mahoney though, Nexon’s chief financial officer, said that his company is actively hunting for mobile game developers strong in the smartphone space. Considering that EA consistently has multiple properties in the top ten best-seller lists in the Apple App Store and the Android Market, it would be a prime pick up for Nexon.

Whether EA and its board would acquiesce to a strong offer from Nexon is unknown. While EA has never managed to recover from its precipitous dip in value following the 2008 market crash, it remains one of the most valuable and highest earning video game publishers in the world.

Nexon for its part has grown dramatically over the past ten years thanks to the popularity of its online games throughout Asia. The aforementioned Maple Story and online racing game Kart Rider, in addition to numerous other MMOs, have made it a formidable competitor in the casual market.

That said it’s hard to imagine that Nexon has the available resources to outright purchase Electronic Arts. The company reported total assets of nearly 236 billion yen at the beginning of this year, close to $3 billion, or just over half of Electronic Arts’ market cap on the NASDAQ exchange.

Nexon’s strength in the Asian MMO market though could make it an attractive partner for Electronic Arts. A merger between the two could strengthen both companies in the global market.

Translation: Nexon could benefit from some of that sweet Madden NFL money here in the U.S. while Electronic Arts could get fat on the sweet goodness of Maple Story in South Korea.

Gaming

Police warn Raleigh locals of military cosplay at Rainbow Six Siege tournament

This weekend's Rainbow Six Siege Major esports tournament in Raleigh, North Carolina, prompted the local police to give residents a heads-up about cosplayers, who could come to the convention center in fake military cosplay.
Computing

Between Intel and AMD, these are the best gaming CPUs at every price

What are the best processors for gaming you can buy? You don't need to spend a fortune to get an amazing gaming CPU and now that AMD is competitive again, there are more choices than ever.
Gaming

Xbox One S vs. PlayStation 4 Slim: How do the revised consoles stack up?

Microsoft's new Xbox One S and Sony's PlayStation 4 "Slim" have bucked the generational gaming console trend. But which of these stopgap systems is worth spending your paycheck on?
Gaming

These are the must-have games that every Xbox One owner needs

More than four years into its life span, Microsoft's latest console is finally coming into its own. From Cuphead to Halo 5, the best Xbox One games offer something for players of every type.
Gaming

Xbox's app lets you access your console while away from home. Here's how

Microsoft's Xbox allows you to access your profile information and launch media content directly from your mobile device. Check out our quick guide on how to connect your smartphone to an Xbox One.
Gaming

From the very best to the worst, here are all the Pokémon games ranked

With Pokémon Sword and Shield en route to Nintendo Switch later this year, we decided to rank the first seven generations of Pokémon games from best to worst. Which generation made us want to catch 'em all the most?
Gaming

Nintendo is reportedly trading revised Switch console for older model for free

If you recently bought a Nintendo Switch, you may be eligible for a free exchange for a revised model with better battery life. The revised Nintendo Switch nearly doubles the battery life thanks to a new processor.
Gaming

Fortnite

Fortnite from Epic Games first arrived on PC as an early access game in 2017. Featuring a mode called Save the World, players could jump online with a group of friends to collect resources, build structures, and defend against waves of…
Deals

The best Nintendo Switch deals and bundles for August 2019

Looking to score Nintendo's latest console? We've smoked out the best Nintendo Switch deals, including discounts on bundles that feature must-have games like Super Mario Odyssey, Super Smash Bros. Ultimate, and Zelda: Breath of the Wild.
Gaming

Here's the Gamescom 2019 conference schedule and all the announcements we expect

Gamescom 2019 will be the site for four different presentations, including the next Google Stadia Connect event. Here is when you can watch the shows, and what to expect from each of them.
Gaming

Epic Games insists Fortnite B.R.U.T.E. is fun; #RemoveTheMech not happening

Epic Games said that the controversial B.R.U.T.E. vehicles are part of providing "a fun experience" to Fortnite players. It appears that the developer has no plans of listening to the #RemoveTheMech movement.
Gaming

Microsoft’s Xbox head debunks rumors of streaming-only console in the works

Xbox head Phil Spencer debunked rumors that Microsoft is working on a streaming-only console that will utilize the company's Project xCloud. Spencer also said cloud gaming will not soon replace traditional consoles.
Gaming

Sorry, you can’t exchange your Nintendo Switch for an upgraded model

Customer representatives said that those who purchased the old model of the Nintendo Switch after July 17 would be able to upgrade their console into the new model for free. A Nintendo spokesperson has now denied the exchange program.
Gaming

Fire Emblem: Three Houses prepares to invade Tetris 99’s 6th Maximus Cup

Fire Emblem: Three Houses will collaborate with Tetris 99 for the battle royale puzzler's 6th Maximus Cup. Players who are able to earn 100 points will be able to unlock an exclusive Fire Emblem: Three Houses theme for Tetris 99.