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NHN Entertainment Makes Strategic Investment in Critical Force

Date: Sep 06 2016 08:08:10 Source: Press Release Views:
KeyWord: nhn,entertainment,makes,strategic,investment,critical,force
  • Critical Force is a game developer specialized in FPS game, behind such title ‘Critical Strike’, a global hit game of 40 M downloads
  • Inked a partnership for publishing of ‘Critical Ops’ in Asian market, in addition to the investment
  • NHN Ent, starts full-scale investment on game developers worldwide including North America, Europe and Japan

SEONGNAM-SI, KOREA– Sep 5, 2016 – NHN Entertainment, a game developer and publisher well known for its online/mobile game brand called HANGAME, today announced a US$4.5 million investment in Critical Force, a Finnish game developer behind big hit online/mobile FPS game called 'Critical Strike'.

nhn

In addition to the investment, NHN Entertainment inked a partnership with Critical Force for publishing of the developer's new up-coming title called 'Critical Ops' in Asian countries, further solidifying the collaboration between the two companies.

Critical Force is a Finnish game developer founded in 2012. Its first game 'Critical Strike', a FPS game, has been downloaded 40 million times globally and its new game 'Critical Ops', which is currently in soft-launching stage, has been downloaded over 8 million times until now.

This investment is the start of NHN Entertainment's full-scale investment plan on global game developers. It expects to generate synergy with developers worldwide, including North America, Europe and Japan, by increasing cases of global game publishing.

"We are super excited to begin cooperation with NHN Entertainment. The funding gives us extra firepower to extend our talented team of 18 people and take our strategy as a leading mobile eSports company to a new level. We have already been very thrilled with the player community's reaction to our new title 'Critical Ops' and we are looking forward to starting a new era in mobile eSports together with NHN Entertainment." said Veli-Pekka Piirainen, CEO at Critical Force.

"NHN Entertainment has been constantly trying to find and invest on game developers with great potential" said Jo Hyun Sik, Director at Investment and Sourcing Dept. of NHN Entertainment. "We will expand our influence in global gaming market by making further investment onto global game companies in earnest."

About Critical Force Ltd.
Critical Force is creator of Critical Ops, the first true mobile FPS eSports game in the world with over 8 million downloads already and winner of the Finnish Kasvu Open startup competition among 650 other startups. Critical Force is on the track to becoming the global market leader of online mobile FPS games with the largest mobile FPS eSports community.

About NHN Entertainment
NHN Entertainment Corp. is a game developer and publisher well known for its online/mobile game brand called HANGAME. It services PC games with various genres including casual, web board, RPG, FPS, sports and functional games. In mobile game business, NHN Entertainment seeks to secure global competitiveness with both in-house and publishing games such as ‘Crusaders Quest’, ‘Wooparoo Mountain’, ‘LINE POP’ and ‘Friends Pop’. In addition to game business, recently it started IT-based businesses including Comico (webtoon), Payco (payment), and Cross-border e-Commerce focusing on both B2B and B2C market. NHN Entertainment accelerates to take control of global game market with its global networks in Japan (NHN PlayArt/ NHN Hangame) , USA (NHN Entertainment USA), Thailand (NHN Entertainment Thai), Taiwan (NHN Entertainment Taiwan) and Singapore (NHN Entertainment Singapore).

For more information, visit http://www.nhnent.com/en/index.nhn

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