Disney Acquires Korean Developer Studio Ex - NewsWilliam D'Angelo, posted on 10 December 2012 / 6,625 Views
Disney has acquired South Korean-based developer Studio Ex, according to AllThingsD. This is part of Disney's push into the Asian free-to-play market. Studio Ex has not released any games yet, however the studio does include a few different industry veterans. Including the former director of game services at NHN David Moon.
"The Walt Disney Company has acquired Studio Ex, a games development studio in Korea that focuses on multiplayer, free-to-play online and mobile games,” Disney said, in a statement. “Through a stock purchase agreement, Studio Ex is now a wholly owned subsidiary of The Walt Disney Company reporting into Disney Interactive."
Studio Ex will focus on developing free-to-play games for the Asian market based on new IPs and existing Disney properties. The game will be developed for mobile and online.
Disney has already has a partnership with Korean firm Smilegate to develop a game based off of Marvel's super heroes. Disney also has a partnership with Korean developer Zipi Studio. Disney has also acquired Club Penguin, Playdom, and Tapulous.