Nexon has acquired a financial stake in a mobile games maker. The strategic partnership between Nexon and SecretNewCo allows Nexon to make a financial investment in the new company in return for a minority holding in the company. SecretNewCo is a new studio founded by Firaxis and Big Huge Games founder Brian Reynolds.
Under the terms of the agreement, Nexon will make a cash equity investment in SecretNewCo in exchange for a minority stake in the company. Terms of the investment were not disclosed. The agreement also provides Nexon with worldwide publishing rights for SecretNewCo’s flagship game, with a working title of SecretNewGame, a mobile strategic social network game (SNG). In SecretNewGame, players begin as the leader of a tribe in the Stone Age, and must guide their civilization through all the ages of human history. Along the way, players can form alliances, trade with their friends, launch raids on their enemies, and defend against attacks from other players.
Find out more about SecretNewCo.