Nexon acquires 20% stake in Korean social dev Moyasoft

Newsbrief: Tokyo-based online game publisher Nexon has acquired a 19.99 percent stake in Korean social games company Moyasoft, with the aim to expand Moyasoft's reach to international markets. Moyasoft's most notable release GodWarz is one of the leading social role-playing games in Korea, and is available for PC, Android and iOS platforms. The stake in the company was acquired through Nexon's Korean subsidiary, which will also be working with Moyasoft to co-develop future mobile games that leverage Nexon's existing franchises.