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PUBG CORPORATION MERGES WITH KRAFTON, INC.

The Merge Will Strengthen KRAFTON’s Independent Studio System, Which Will Encourage Individual Growth of its Studios

Today, KRAFTON, Inc., responsible for entertainment properties such as PLAYERUNKNOWN’S BATTLEGROUNDS (PUBG) and TERA, announced that its subsidiary PUBG Corporation has fully merged into KRAFTON under its independent studio system. The company will now focus strictly on development under its new name PUBG Studio. The news follows a previous announcement detailing the fact that PUBG Corporation’s publishing and support teams have integrated into KRAFTON.
 
KRAFTON also announced that its two other subsidiary studios, PNIX, Inc. and Delusion Studio, Inc., have consolidated into a new mobile games studio called RisingWings, Inc.. PNIX focused on casual mobile games and were known for Archery King and Bowling King, which have hit over 80 million and 91 million worldwide downloads respectively. Delusion Studio previously developed the mobile RTS game Castle Burn.
 
KRAFTON’s independent studio system seeks to empower its development teams with the autonomy to build their own unique identities and pursue their own creative visions. The system now includes four total studios including PUBG Studio, Striking Distance Studios, Bluehole Studio, and RisingWings.

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For more information on KRAFTON, please visit https://www.krafton.com.

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