News

Wemade Bought JoyMax to Engage in Silkroad Online 2 Development

  • Date: 07-07-2010 Views:

    KeyWords: Silkroad Online 2,Silkroad Online,Wemade,Joy Max,agreement

  • Summary: Wemade signed an agreement to buy 25.46% of Joy Max's shares (i.e. 1,751,604 shares) with 69,356 million won and obtain the operating rights of Joy Max.

Wemade signed an agreement to buy 25.46% of Joy Max's shares (i.e. 1,751,604 shares) with 69,356 million won and obtain the operating rights of Joy Max.

Wemade

Thanks to the acquisition of Joy Max, Wemade gets acquainted with the game operation experience in over 180 countries around the world. Wemade hopes to make itself stronger by means of Joy Max's operation experience at home and abroad, expand both companies' online game operation scope and improve the site value, so as to reach stable growth in sales and become more globally competitive.

Joy Max

Soon, Wemade will hold interim shareholders' meetings to assign a new management team for Joy Max.

Joy Max, a game development company listed on the KOSDAQ last June, marched into over 180 countries around the world by means of its Silkroad Online. Last year, its sales reached up to 34.6 billion won, operating profits reached 16.5 billion won and net profits reached 16.1 billion won.


For more Silkroad video

According to understanding, Joy Max is now developing Silkroad Online 2, sequel to Silkroad Online, as well as a browser-based game.

Silkroad Online 2
The artwork of Silkroad Online 2

Full Size
Silkroad Online screenshot

Full Size
Silkroad Online screenshot