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Krafton acquires Eleventh Hour Games for $96M

Jul 25, 2025•8 days ago

Acquiring Company

Krafton

Acquired Company

Eleventh Hour Games

GangnamWilmingtonGamingVideo Games

Description

Krafton has acquired Eleventh Hour Games, the developers of 'Last Epoch', for $96 million. This acquisition aims to strengthen Krafton's position in the action RPG genre and support EHG's growth. Eleventh Hour Games will maintain leadership autonomy while enhancing its franchise development. This move is positioned to expand Krafton's genre portfolio.

Company Information

Company

Krafton

Location

Gangnam, Seoul, South Korea

About

Krafton Inc. is a South Korea-based video game publisher known for its original battle royale game PlayerUnknown’s Battlegrounds. The company has recently celebrated its first foray into the Japanese market with the acquisition of Tango Gameworks and the IP to Tango’s quirky rhythm game Hi-Fi Rush.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed