Michael Metzger, a partner in Drake Star Partners, sat down with Damian Lee from Krafton at GamesBeat Summit 2022. They discussed the company’s IPO, M&A (mergers and acquisitions), and what lies ahead.
After the success of PlayerUnknown’s Battleground, Bluehole Studio formed Krafton as a holding company. In 2021, Krafton held an IPO that ended up netting the company 3.8 billion dollars. With these new funds available, Krafton set out to acquire studios. One of the latest acquisitions is Unknown Worlds.

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