Disney Interactive Purchases South Korean F2P Developer

Plans to expand in the free gaming market for Asia.

Posted By | On 11th, Dec. 2012


In the latest of its line of purchases, that include LucasArts and UTV, Disney Interactive has purchased South Korean developer StudioEX, which has several free to play titles for Facebook in development like Heroes of the Pantheon and Galaxy. Currently, the terms of the acquisition are unknown but Disney did say they wanted to make a strong entry into Asia’s F2P market with the purchase.

The company stated on the matter that, “The Walt Disney Company has acquired Studio Ex, a games development studio in Korea that focuses on multiplayer, free-to-play online and mobile games. Through a stock purchase agreement, Studio Ex is now a wholly owned subsidiary of The Walt Disney Company reporting into Disney Interactive.”

As of now, StudioEX will be developing social and mobile platform games. Though relatively unknown, they could be the catalyst that allows for Disney to further expand its markets in Asia, a plan that prompted it to hire UTV (and revive its floundering gaming division in the process).

Source: AllThingsD via GIBiz


Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Kena: Bridge of Spirits Delayed to September 21st

Kena: Bridge of Spirits Delayed to September 21st

Originally set to release this August, Ember Lab has made the "difficult decision" to delay it for the sake of...

Hunter’s Arena: Legends and Tennis World Tour 2 Free With PlayStation Plus in August

Hunter’s Arena: Legends and Tennis World Tour 2 Free With PlayStation Plus in August

Plants vs. Zombies: Battle for Neighborville is also included in the line-up. All three titles will be free fo...

Digimon Survive Delayed to Q3 2022

Digimon Survive Delayed to Q3 2022

Bandai Namco's survival tactical RPG based on the Digimon series faces yet another delay, as per TOEI Animatio...

Monark – Exploration, Combat and Event Systems Outlined in New Gameplay

Monark – Exploration, Combat and Event Systems Outlined in New Gameplay

Venture through Shin Mikado Academy and brave the dangerous Mist, command Fiends to face otherworldly threats ...

Street Fighter 5: Champion Edition – Summer Update Stream Set for August 3rd

Street Fighter 5: Champion Edition – Summer Update Stream Set for August 3rd

More than an hour of new details will be shared, including updates for remaining Season 5 characters Oro and A...

Valve Changes Steam Deck Availability Dates, Base Model Expected To Arrive After Q2 2022

Valve Changes Steam Deck Availability Dates, Base Model Expected To Arrive After Q2 2022

A recent change in Steam Deck's website raises concerns for future availability, which could pose a big proble...