Electronic Arts Inc., the world's leading independent developer and publisher of interactive entertainment and games software for console systems has announced the acquisition of J2MSoft Inc. (J2M), a Korean developer of PC online games.
J2M develops free-to-play online games which are monetized through micro-transactions and advertising. The online games created and wholly owned by J2M include RayCity, TAAN, and Debut.
Jon Niermann, President, EA Asia said, "This is a significant step in EA's strategic plan for developing and publishing online games in Asia. J2M is an experienced team of developers and we can't wait to have them start creating online games based on new properties and powerful EA franchises."
EA has launched popular online games in Asia including EA SPORTS(TM) FIFA Online and NBA STREET Online. Other EA titles in development for online play in Asia include Warhammer(R): Age of Reckoning(R), Need For Speed and Battlefield Heroes.
The acquisition closed on December 2, 2008, however the company did not release the terms of the agreement.
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