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About NCSOFT
Industries
Consumer Software
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$240M
Headquarters
Seoul, South Korea
Founded
1997
Overview
NCSOFT is a major player in the gaming industry, specializing in the development and publishing of massively multiplayer online games (MMOs). These games allow a large number of players to interact in a shared virtual environment. The company operates globally, with its American branch, NC America, managing its services across the Americas, Europe, Australia, and New Zealand. NCSOFT targets a wide range of gamers, from casual players to dedicated enthusiasts, and generates revenue through game sales, in-game purchases, and subscription fees. This business model allows players to enhance their gaming experience by purchasing virtual goods or accessing premium content. NCSOFT distinguishes itself from competitors by its extensive portfolio of successful MMOs and its focus on creating immersive online experiences. The company's goal is to continue expanding its influence in the digital entertainment market by delivering engaging and interactive gaming experiences.
Simplify's Take
What believers are saying
- Cross-platform gaming experiences can expand NCSOFT's reach across multiple devices.
- Cloud gaming services allow NCSOFT to access a broader audience without hardware limitations.
- Esports and competitive gaming offer new engagement opportunities for NCSOFT's MMO titles.
What critics are saying
- Emerging gaming companies like Moon Rover Games increase competition in South Korea.
- The rapid growth of mobile gaming may divert resources from NCSOFT's traditional MMOs.
- Investments in non-gaming sectors could dilute NCSOFT's focus on its core gaming business.
What makes NCSOFT unique
- NCSOFT is renowned for its successful and influential massively multiplayer online games.
- The company has a diverse gaming portfolio across PC, console, and mobile platforms.
- NCSOFT's strategic investments in innovative companies enhance its technological capabilities.
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Funding
Total Funding
$240M
Above
Industry Average
Funded Over
0 Rounds
Company News
Moon Rover Games, based in Stockholm, has raised $3.5 million from Korean game publisher Ncsoft to fund the development of an ambitious cooperative FPS, codenamed "Project Aldous," for PC and consoles. This strategic investment marks the beginning of a long-term partnership between the two companies. Ncsoft's co-CEO, Byungmoo Park, highlighted Moon Rover Games' expertise in the FPS genre and its innovative approaches as key factors in the investment.
Light Field Lab®, the creators of the SolidLightTM holographic display platform, announced today a $50 million Series B round led by global game developer
K-POP, 뮤지컬 등 온택트 공연의 라이브 스트리밍 서비스 제공업체 ㈜라이브커넥트(대표 신희용)가 ㈜엔씨소프트로부터 30억원의 투자를 유치했다고 밝혔다.양사는 이번 전략적 투자를 통해 라이브 스트리밍 분야의 역량을 강화하는 중장기 협력체계를 구축할 예정이다.2020년 4월 창업한 라이브커넥트는 국내의 대표적인 온택트 라이브 스트리밍 전문 스타트업으로 아이즈원, 더보이즈, 강다니엘, 27회 드림콘서트 등 다수의 대형 아티스트들의 글로벌 온택트 콘서트에 대한 안정적 송출 레퍼런스와 멀티시점 감상이 가능한 멀티뷰, 언어별 라이브 자막,
Forbes recently came out with its latest richest people in the world list. The combined net worth of the 10 richest South Koreans now stands
Mobile Gaming Companies in South Korea had an amazing 2019 and their outlook for 2020 looks very positive. Especially with COVID-19 forcing people to stay home with nothing else to do except go online, play games, and watch movies. South Korea ranks #4 in the world for mobile gaming revenue behind China, the US, and Japan. It is estimated that around 36 million people in Korea play mobile games. The average paying gamer spends around $75 per mobile game. Therefore, many global gaming companies are looking to enter the South Korean market. However, the South Korean gaming market is very difficult to break into if you don’t understand the Korean gaming culture. Having a game on Korea’s app stores is not enough to ensure success. The type of mobile game really matters in Korea. MMOs are very popular in South Korea, especially MMORPGs like Lineage.
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About NCSOFT
Industries
Consumer Software
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$240M
Headquarters
Seoul, South Korea
Founded
1997
There are no jobs for NCSOFT right now.
Find jobs on Simplify and start your career today