iTunes - Podcast RSS Feed - Podcast RSS Feed - News RPGFan YouTube Channel RPGFan on Facebook RPGFan on Twitter


RPGFan Social Links
GameArts Joins Forces with GungHo Online Entertainment
05.20.04 - 8:48 AM

GameArts has announced a business partnership and capital tie-up with GungHo Online Entertainment. GameArts today issued new shares through a third party allocation, which where then acquired by GungHo. Thereby GungHo becomes GameArts' second largest shareholder, holding a 11.93% in the developing studio. The investment will be used to jointly plan and develop online games. While these games will be managed by GungHo, details regarding other services for instance, have yet to be revealed.

Despite having an impressive trackrecord of having produced two high profile game series in Lunar and Grandia, the upcoming projects will mark GameArts' first forray into online game development. GungHo Online Entertainment manages the Japanese operations of Ragnarok Online and the adult-themed MMORPG A3.


Back
Chris Winkler





Featured Content
Shadowrun: Dragonfall - Director's Cut Review
Shadowrun: Dragonfall - Director's Cut
Review
The Book of Unwritten Tales 2 Hands-On Preview
The Book of Unwritten Tales 2
Hands-On Preview
Costume Quest 2 Review
Costume Quest 2
Review
Rogue Wizards Hands-On Preview
Rogue Wizards
Hands-On Preview
Final Fantasy XIV: Heavensward First Look
Final Fantasy XIV: Heavensward
Details, Trailer
Steins;Gate Review
Steins;Gate
Review
Gabriel Knight 20th Anniversary Edition Review
Gabriel Knight 20th Anniversary Edition
Review