NC invests in domestic and European developers to expand global portfolio

Additional Investment in Developer Mistil Games and Virtual Alchemy
Securing Global Publishing Rights for Developed Games

NCSoft announced on the 11th that it has made investments in the domestic game developer 'Mistil Games' and the Poland-based game developer 'Virtual Alchemy.'

NCSoft plans to expand its game portfolio and strengthen its global publishing capabilities through the publishing rights of new IPs being developed by these game companies.

Mistil Games is a domestic game development studio established in 2022, led by co-CEOs Seo Yong-su and Jo Yong-min. They are developing original concept PC and console third-person time survival shooting game TIME TAKERS, and online action adventure game GRAY, among others.

Through its investment in Mistil Games, NCSoft has secured equity and the global publishing rights (excluding China) for TIME TAKERS. The teaser video for TIME TAKERS was first revealed at G-STAR G-CON in 2023. The game is currently under development with a target release in 2025.

Virtual Alchemy is a Poland-based game developer established in 2022. Based on expertise in the RPG (role-playing game) genre, the company is pioneering new genres by combining strong elements from roguelike, RTS (real-time strategy), and dark fantasy genres. They are currently developing the European medieval-themed strategy RPG Band of Crusaders.

NCSoft has secured the global publishing rights for Band of Crusaders and plans to establish a foothold to enter Eastern Europe, an emerging region in the game industry.

Park Byeong-mu, co-CEO of NCSoft, said, "NCSoft is actively continuing investments domestically and internationally, considering expansion in regions, genres, and platforms to secure new growth engines. Through the newly acquired IPs, we will expand our global pipeline and present high-quality games to global users."

This content was produced with the assistance of AI translation services.