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Posts tagged ipo

Nexon raises $1.17 billion from IPO, stock subsequently drops

Korean online gaming giant Nexon has raised $1.17 billion from its initial public stock offering. The filing stated that Nexon has 1.2 billion registered players, 77 million of which were active as recently as September 2011. CFO Owen Mahoney says the company's expertise made it an attractive ...

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MapleStory breached, 13 million accounts exposed

The famously hacked Sony has a sympathetic shoulder this week, as Nexon recently discovered a massive breach that's exposed over 13 million MapleStory player accounts to cyber ne'er-do-wells. Discovered this past Thursday, the breach was solely limited to South Korea, as Nexon hosts separate ...

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Nexon's Japanese IPO aims at raising $1.3 billion

When Nexon is finally added to the Tokyo Stock Exchange in December, the company has to be planning a massive "We're in the money!" song-and-dance to celebrate. TechCrunch reports that this will be the biggest IPO in Japan in 2011, with a corporate goal of raising $1.3 billion (100 billion yen) ...

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Trion Worlds may go public following RIFT's success

Want to own a piece of your favorite MMO studio? If you're a fan of Trion Worlds, then you may yet get your chance. The company announced that it is mulling over a decision to put the company on the market with an IPO. CEO Lars Buttler says that it's just a matter of time at this point: "As we ...

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Over 80 billion ISK embezzled from player-run bank in EVE Online

The player-driven economy of EVE Online is a major draw for gamers interested in virtual finance, although for very different reasons; some players enjoy managing vast funds in the game, others are primarily in it for a shot at a major heist. Sometimes, even those who start out with the best ...

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