Patrick Söderlund founded DICE .
Patrick Söderlund founded DICE .
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Nexon will fully acquire Embark Studios

  • Posted byby Mike Minotti
  • Updated
  • 1 min

Nexon announced today that it plans to become the majority holder in Embark Studios.

This comes after Nexon became the majority investor in Embark in July. Now Nexon is increasing its stake from 66.1% to 72.8% and will have the option buy Embark’s remaining shares over the next five years.

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Written by

Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.