Technology
Nexon invests $874 million in Hasbro, Bandai Namco, Konami, and Sega Sammy – VentureBeat
Maplestory and Kart Rider maker Nexon has invested $874 million in Hasbro, Bandai Namco, Konami, and Sega Sammy.
Nexon, the Tokyo-based maker of Maplestory and other online games, has invested $874 million in Hasbro, Bandai Namco, Konami, and Sega Sammy.
Nexon said it has made an unrealized gain of $279 million on the long-term investments, but it has no intention of acquiring the companies or making activist shareholder proposals with the investments.
Nexon made other investments as well, but the amounts did not meet the companys threshold for disclosure.
In 2020, Nexons board authorized up to $1.5 billion…
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