Home deals Netmarble setting aside $4.4 billion for acquisitions

Netmarble setting aside $4.4 billion for acquisitions

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Gamesindustry.biz reports: “Netmarble’s IPO is set for next month, and the Korean mobile publisher is already planning to use the proceeds on a shopping spree. As reported by Reuters today, the company behind Lineage II: Revolution and Marvel Future Fight is looking to use money raised through the IPO along with loans and its own cash flow to raise 5 trillion won ($4.4 billion) for acquisitions. As for what sort of acquisitions it will target, executives said Netmarble has its eye on game developers and IP holders.”

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