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





Featured Content
Final Fantasy X / X-2 HD Remaster Review
Final Fantasy X / X-2 HD Remaster
PS4 Review
WildStar News
WildStar Goes Free-To-Play
News
Retro Encounter 1-2
Retro Encounter 1-2
Podcast
Devil Survivor 2: Record Breaker Review
Devil Survivor 2: Record Breaker
Review
Life is Strange Review
Life is Strange
Review
Mikolai Stroinsky Interview
Mikolai Stroinski on The Witcher 3
Interview
Rhythm Encounter Episode 21
Rhythm Encounter Episode 21
Podcast
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Random on iTunes
Rhythm Encounter
Rhythm on iTunes