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Krafton Acquires Neon Giant, Developer of the Video Game ‘The Ascent’

The Ascent is a cyberpunk-themed action RPG, released for Xbox, PC and PlayStation

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Aditya Saikrishna
Aditya Saikrishna
I am 21 years old and an avid Motorsports enthusiast.

UNITED STATES: Krafton, the South Korea-based game developer who made the hit battle royal video game PUBG, has announced that it will acquire Neon Giant, the creator of “The Ascent,” a cyberpunk action-adventure role-playing game.

Krafton made the announcement during the profile report

The game developer made the declaration during the most recent profit report, in which they uncovered that Neon Goliath is, as of now, dealing with an open-world FPS game. However, Krafton did not provide any additional details regarding the title.

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The game developer said that the company is investing in the development and service capabilities of the team to ensure a steady pipeline of premium titles by buying Neon Giant.

Since The Ascent’s arrival in July last year, the game has became a massive hit title on PC, Xbox Series X, Xbox series S, and Xbox One. The cyberpunk game’s launch weekend alone brought in more than $5 million (£3,591,025), and this figure does not take into account any additional revenue the developer received for releasing the game on the Game Pass subscription service.

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A PS5 and PS4 version of the video game was rated by the US Entertainment Software Rating Board earlier this year. The game proved popular enough for the developer to comply with fan requests and bring the video game to PlayStation.

If the acquisition continues successfully, Krafton will add Neon Giant to its existing roster of independent game studios, including Striking Distance Studios, Unknown Worlds, and PUBG Studios.

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The acquisition is confirmed, but Krafton still needs to provide additional information. The developer has yet to disclose the amount paid by Krafton for the acquisition or the percentage of ownership it purchased.

Meanwhile, Neon Giant has confirmed that it is working on its next project but has declined to confirm the acquisition. Krafton says that Neon Giant is chipping away at an open-world first-individual shooter.

For the gaming community, it appears that Krafton is working on exciting future projects, such as an open-world first-person shooter from Neon Giant, a new Unknown Worlds Sub Nautica game, and a video game based on The Bird That Drinks Tears.

Also Read: PUBG MOBILE Announced the Upcoming Collaboration with Dragon Ball Super

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