RPGFan


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





Coming Up on Twitch

TBD
Sunday, September 24 • 10am PDT/1pm EDT

Final Fantasy XII: The Zodiac Age
Mondays • 6pm PDT/9pm EDT

Vandal Hearts
Tuesdays • 12pm PDT/3pm EDT

Danganronpa 2
Tuesday-Thursdays • 5pm PDT/8pm EDT

Featured Content
XCOM 2 War of the Chosen Review
XCOM 2 War of the Chosen
Review
Danganronpa V3: Killing Harmony Review
Danganronpa V3: Killing Harmony
Review
Muv-Luv Alternative Review
Muv-Luv Alternative
Review
NieR Music Concert & Talk Live Blu-ray Review
NieR Music Concert & Talk Live Blu-ray
Review
NieR Music Concert & Talk Live Soundtrack Review
NieR Music Concert & Talk Live Soundtrack
Review
Mario + Rabbids Kingdom Battle Review
Mario + Rabbids Kingdom Battle
Review
Project Octopath Traveler Preview
Project Octopath Traveler
Preview