Com2uS (CEO Song Byung-jun) announced on the 2nd that it acquired about 57% of the stake in Game Developer OlM (CEO Jong-Myung Lee) and took over management rights.
With this acquisition, Com2uS has strengthened its competitiveness by securing AllM’s PC game development capabilities, famous game IP (intellectual property rights), and subsidiary Funflow’s mobile game.
Established in 2000, AllM is a mid-sized game company that has built up development power and global service know-how by successfully servicing PC games such as’Critika Online’ and’Roonia Electric’ for a long time.
‘Critika Online’, the representative work, has been enjoyed by more than 20 million members in more than 70 countries since its launch in 2013, and’Roonia Electricity’, which won the Presidential Award for Digital Contents in 2007, is also popular with 5 million users in more than 80 countries. It’s a game.
In particular,’Critika Online’ has been in service for over 6 years in China, the world’s largest online market, through collaboration with local partner Tencent. In 2019, it is also spurring new market development, starting with the global platform Steam and becoming the Top Sellers, which means the world’s best selling game.
Through this acquisition of AllM, Com2uS has secured the technology to develop PC games that have led such long-term achievements, especially in-house engine development and use of various commercial engines, and has a foundation for multiplatform expansion of its game IP. In addition, all-M is planning to develop new games and develop mutual cooperation for global services.
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In addition, it is actively collaborating with Funflo, an OlM subsidiary that developed mobile games such as’Heir to Light’ and’Critika: Knights of Heaven’. Funflow is currently developing a collectible mobile RPG based on the’The Walking Dead’ IP secured by Com2uS. Com2uS will actively cooperate so that FunFlow can present unique contents, and will lead game services successfully through organic synergy with Gameville, which will be in charge of global publishing in the future.
Meanwhile, Com2uS began its first overseas M&A with the acquisition of German game company’Out of the Park Developments’ last year, and has continued to make strategic investments in other companies. In the future, we plan to steadily secure new corporate competitiveness by actively investing in domestic and overseas promising companies and M&As, focusing on the field of game and cultural contents.