NCSOFT to spin off AI, game divisions into four units
Ju-Hyun Lee
4 HOURS AGO
NCSOFT's multiplayer role-playing game Throne and Liberty made a global debut on Oct. 1, 2024 NCSOFT Corp., a major South Korean game developer and publisher, said on Monday it will spin off artificial intelligence R&D and game development divisions into four subsidiaries to expedite its efforts to nurture their technologies into global intellectual property.
The new units, to be established in February 2025, are tentatively named NC AI, Studio X, Studio Y and Studio Z.
NC AI will oversee AI development for application to games. NCSOFT’s research head Lee Yeon-soo will lead the new unit.
Choi Moonyoung, one of NCSOFT’s three chief business officers, will head Studio X in charge of the massively multiplayer online role-playing game Throne and Liberty released in December last year.
NCSOFT unveiled the large language model Varco in September 2024 Studio Y will take charge of the large language model business tailored to shooting games, headed by Bae Jae-hyun, vice president of the game developing company.
Studio Z is taking over the new title Tactan: Knights of the Gods, and led by Seo Min-seok tasked with its development.
NCSOFT will vote on the spin-offs at an extraordinary shareholder meeting on Nov. 28.
Alongside the organizational restructuring, it will offer voluntary redundancies and relocate employees to relevant units after delivering weak results in the first half of this year.
Prior to the spin-offs, NCSOFT split up its software business into two new units early this month: a product warranty and computer system management company NC QA (quality assurance) and NC IDS in charge of application and system software development and supply.