Several months ago, Hangame, publisher of TERA in Korea, announced that it would stop operations on all MMOs as it moved all game publication efforts to mobile games. As a result of the announcement, TERA in Korea was left without a publisher. Yesterday, developer Bluehole Studios announced that Nexon would be taking over publication duties beginning in January, an announcement that comes with a few welcome prizes for players.
In a sense, the announcement is not a huge surprise from the standpoint that Nexon had already partnered with Bluehole for a mobile version of TERA called TZ.
Source: MMOCulture