Krafton boldly entered the market with share prices at roughly $500 each before dropping the total asking price by nearly $870 million as the company’s value dropped by 8%.
The acquisition comes just a few months after Krafton’s disappointing initial public offering. We’re truly looking forward to our future together.” We want to bring new games to the world stage-and with Krafton, we’re a big step closer. “ Subnautica and PUBG both started humbly and evolved successfully through constant iteration and feedback. “It was immediately apparent how closely Unknown Worlds and Krafton are aligned in the way we think about games and game development,” Unknown’s CEO Charlie Cleveland said. Krafton also said the Callisto Protocol developer is working on a new, “genre-defining” title planned for early access sometime in 2022. Unknown Worlds will retain its independence from Krafton and keep its current leadership and structure. Not only do they enhance our development capabilities, but we share a goal of creating unique experiences for global audiences.” “Krafton will spare no effort in helping them.
“Unknown Worlds are incredibly skilled and passionate developers with an unparalleled gift for creativity and a proven track record of building successful player-driven worlds.” Changhan Kim, Krafton’s CEO, said in the statement. Krafton said in a statement that Unknown Worlds is a perfect fit thanks to its experience in developing community-driven projects. The acquisition comes shortly after Brendan Greene, creator of PUBG, formed his own independent studio -one with Krafton’s support-to focus on creating immersive worlds and new experiences. Krafton, makers of PlayerUnknown’s Battlegrounds, has acquired Subnautica developer Unknown Worlds for an undisclosed amount. The studio will retain its independence and has a 'genre-defining' title planned for 2022.
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