Seoul: NCSOFT Corp., a major South Korean game developer, finalized its decision to establish four new subsidiaries, including game studios, in an extraordinary meeting of shareholders, the company said Thursday. According to Yonhap News Agency, with the shareholders' approval, the company will split off three game studios -- FirstSpark Games, BigFire Games, and Ludius Games -- and one artificial intelligence technology firm, NC AI. The companies plan to open their doors on February 1. FirstSpark Games will be responsible for managing Throne and Liberty, a massively multiplayer online role-playing game aimed at the overseas market. BigFire Games will oversee LLL, NCSOFT's looter shooter game set for release next year, while Ludius Games will operate TACTAN, a strategy game currently in development. NC AI will focus on enhancing NCSOFT's AI technology, including its self-developed large language model, Varco, and the application of AI technology in games. "Through the transition to an independent game deve lopment studio system, NCSOFT will create an innovative game developing culture with speed, flexibility, and creativity, and actively come up with new IPs for the global market," said Park Byung-moo, co-CEO of the company.
NCSOFT Finalizes Decision to Establish 4 New Subsidiaries.
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