Work continues on Swedish studio’s next release
Holding company Krafton has announced that it intends to acquire Swedish developer Neon Giant.
The South Korean umbrella corporation, which boasts battle royale juggernautPUBG: Battlegroundsamong its meaty portfolio, made the announcement as part of itsthird-quarter 2022 financial results.Neon Giant currently only has one notable title to its name — cyberpunk RPGThe Ascent— but is currently developing an as-yet-unannounced first-person-shooter, set in an open-world environment.
Founded in the spring of 2018, Neon Giant was formatively made up of a party of former AAA game developers, featuring talent pulled from best-selling franchises such asDOOM, Gears of War, Far Cry,andBulletstorm. Selected by Epic Games as one of several studios to receive a monetary grant for its first project, Neon Giant would develop and releaseThe Ascenton PC and consoles in 2021, where it would receive moderate-to-high praise from critics and players.
With this latest acquisition, Neon Giant will join a number of western developers recently picked up by Krafton. Other purchases by the holding company includeSubnauticastudio Unknown Worlds and Striking Distance Studios, who are currently busy putting the finishing touches to their gory sci-fi horrorThe Callisto Protocol.
The Ascentis available now on PlayStation, PC, and Xbox platforms.
