Krafton acquires ‘The Ascent’ developer Neon Giant

In a surprise announcement during Krafton's latest earnings call, the company announced it has acquired Neon Giant, the developer behind The Ascent. That makes it the fifth acquisition in the span of two years.

Unlike most acquisitions, neither of the two companies has made any public announcements. Instead, we've learned about it through Krafton's Q3 financial report (via PCGamer), which also had some more information regarding what Neon Giant is working on.

As it seems, The studio is working on an open-world FPS, and expanding to open up another branch in Canada to work on a new project, currently known as “The Bird That Drinks Tears”. This title is based on a popular series of Korean fantasy novels created by Yeongdo Lee with the same name. A teaser trailer for this project was released in September.

Neon Giant has only released one game so far, and that's The Ascent. Overall, the game was well-received, aggregating an Opencritic score of 73 (56% recommendation) and a Steam user score of 76%. It was also a day-one title for Xbox Game Pass.

Neon Giant is Krafton's fifth acquisition since May 2021. Other recently acquired companies include 5minlab Corporation (Smash Legends, Baam Squad and Toy Clash), Unknown Worlds (Subnautica and Moonbreaker), Thingsflow (Hellobot), and Dreamotion (GunStrider: Tap Strike, Road to Valor: World War II and Ronin: The Last Samurai).

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KitGuru says: Krafton has grown a ton since the success of PUBG, with multiple studios spanning across the world. 

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