NEXON
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Nexon appoints Patrick Söderlund as new executive chairman to "accelerate global strategy, transform creative direction, and lead the next phase"
Nexon has appointed Patrick Söderlund, currently CEO of Embark Studios, as its new executive chairman. In this role, Söderlund will focus on accelerating global strategy, transforming creative direction, and leading the company's next phase of growth, including portfolio strategy, M&A, and organizational development. He will remain CEO at Embark Studios while working closely with Nexon's President and CEO, Junghun Lee.
Embark Studios CEO Patrick Soderlund named executive chairman of Nexon
Nexon has appointed Patrick Soderlund, CEO and co-founder of Embark Studios, as its new executive chairman. Soderlund will collaborate with Nexon president and CEO Junghun Lee to shape the company's creative and strategic direction, while remaining CEO of Embark Studios. This appointment follows the success of Embark's game Arc Raiders, which Nexon published.
Nexon snaps up Arc Raiders' Patrick Söderlund as executive chairman to "lead the next phase of growth" for the company
Nexon has appointed Patrick Söderlund, founder of Embark Studios and Arc Raiders, as its new executive chairman. Söderlund will focus on accelerating global strategy and leading the company's next phase of growth, working closely with CEO Junghun Lee. This move comes as Nexon aims to expand its presence in the live-service sector, building on recent successes like Dave the Diver and The Finals.
ByteDance reportedly in "advanced talks" to sell Mobile Legends dev Moonton Technology to Savvy Games for over $6bn
ByteDance is reportedly in advanced negotiations to sell its mobile game developer Moonton Technology, known for Mobile Legends, to Savvy Games Group for over $6 billion. The deal, which could close this quarter, would signify ByteDance's significant withdrawal from the online gaming sector. Savvy Games Group, backed by Saudi Arabia's Public Investment Fund, has existing investments in several major gaming companies.
Clair Obscur wins Game of the Year at DICE Awards 2026
Clair Obscur: Expedition 33 by Sandfall Interactive won Game of the Year at the 29th annual DICE Awards, alongside four other accolades including Role-Playing Game of the Year. Ghost of Yōtei received four awards, including Adventure Game of the Year. The event also saw Evan Wells inducted into the Academy of Interactive Arts and Sciences Hall of Fame.
Nexon revenue rises 6.5% to $3.1bn in 2025, driven by ongoing success of Arc Raiders
Nexon reported record-breaking revenue of $3.1 billion for 2025, marking the third consecutive year of growth. The company's success was driven by its franchises Dungeon & Fighter and MapleStory, alongside the strong performance of the new extraction shooter Arc Raiders, which has sold over 14 million copies. Despite a slight decrease in operating income due to higher-than-expected costs, Nexon anticipates continued growth in the first quarter of 2026.
Arc Raiders has proven that extraction shooters can be popular, with over 4 million copies sold in under two weeks
Embark Studios' extraction shooter Arc Raiders has achieved over 4 million copies sold in just over 10 days since its October 30 launch. The game also broke its own concurrent player records, reaching over 700,000 players across all platforms and peaking at 462,488 on Steam. Embark Studios has released a roadmap for upcoming content, including new maps, units, and gameplay items.
MapleStory N Might Be Releasing This Year (2024)
Nexon's MapleStory Universe will feature MapleStory N, a desktop version linked with cryptocurrency and NFTs, potentially releasing in 2024. This version may allow in-game currency and items to be traded as tokens or NFTs on the blockchain, with teasers hinting at a ranking and point system that could be part of a play-to-earn campaign.
