Filed under: Fantasy, Business models, MMO industry, News items, Free-to-play

Webzen has announced that it is acquiring MMO publisher gPotato as well as its parent company Gala-Net. According to Reuters, the transaction date is February 15th, after which Webzen will hold 100 percent of Gala-Net's shares.

MMO Culture notes that Webzen has already said hello to gPotato customers by publishing Continent of the Ninth Seal on the company's portal. A translated Gala PDF document indicates that the company's second quarter sales for the fiscal year ending in March 2013 were down over 43 percent from the same quarter of the previous year.

gPotato is known primarily for publishing Allods Online, Aika, and Sevencore in the west.

[Thanks to everyone who tipped us.]

Webzen buys 100% of Gala-Net, gPotato originally appeared on Massively on Fri, 01 Feb 2013 09:00:00 EST. Please see our terms for use of feeds.

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• Source: Reuters
• Via: MMO Culture