Nexon to Acquire Japanese Mobile Game Developer gloops, Inc.

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TOKYO--(BUSINESS WIRE)--NEXON Co., Ltd. (“Nexon”) (3659.TO), a worldwide leader in free-to-play online games, today announced that it has entered into a definitive agreement to acquire all outstanding common shares of gloops, Inc. (“gloops”), a leading developer of mobile games for DeNA’s Mobage platform in Japan, for JPY 36.5 billion in cash. Based in Tokyo, gloops is one of the leading developers in the large Japanese mobile games market. Since launching its first game on the Mobage platform i