Nexon takes control of emerging game studio Embark via a $96M investment

Six months ago Korean games giant Nexon seemed headed for a management change, but now it seems very much back to business as usual. Days after founder Kim Jung-ju was reported to have called off selling his near-50 percent share in the firm, Nexon has snapped up a controlling stake in seven-month-old game developer Embark for $96 million.
Sweden-based Embark was founded by former EA executive Patrick Söderlund last year. Nexon was its sole early investor, having paid a reported $41 million