Krafton Inc. (CEO Chang-han Kim) is acquiring a 100% stake in Eleventh Hour Games, the developer of the action RPG 'Last Epoch'.
Through this acquisition, Krafton plans to secure competitive franchise IP and further strengthen its position in the global market. Eleventh Hour Games will lay the foundation for the long-term growth of the franchise, including expansion of console platforms and strengthening of seasonal content operations. Krafton plans to provide comprehensive support in various aspects, including infrastructure, global publishing, and live services, and the existing management-centered operating system will remain in place even after the acquisition.
“We are thrilled to be joining Krafton,” said Judd Cobbler, CEO of Eleventh Hour Games. “With Krafton’s deep understanding of the genre and long-term growth strategy, we look forward to taking the Last Epoch franchise to new heights with their support.”
Park Hye-ri, head of Krafton’s corporate development division, said, “Eleventh Our Games is a developer that has built a global fan base based on its deep understanding of the action RPG genre and community-centered development philosophy.” She continued, “Krafton highly values the development capabilities that Eleventh Our Games has accumulated, and through this acquisition, we plan to lay the foundation for new franchise expansion along with genre diversification.” She added, “This decision is another example of Krafton’s unwavering passion for great games and the developers who create them. Krafton will continue to support developers who put players first.”
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