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South Korea's Netmarble Seeks M&as, U.s. Expansion: Founder


Ron Burgundy
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An employee walks past the logo of Netmarble Games at its headquarters in SeoulSouth Korea's largest mobile game company, Netmarble Games Corp, is seeking more mergers and acquisitions and intellectual property rights to expand its share of the gaming market in North America and Europe, its founder said. The Tencent-backed firm - with plans for a public listing estimated at billions of dollars in the first half this year - aims to raise its ranking in key markets to reach its goal of becoming a global top 5 game company by 2020, Bang Jun-hyuk told Reuters. Netmarble wants to place within the top 10 in mobile games in China and Japan, Bang said on the sidelines of a news conference on Wednesday.




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