NCSoft Playing at Business, Rejiggering US & EU Operations

Posted by on December 13, 2012 - 4 Comments »

NCsoft hasn’t had a great run in 2012. Outside of the success of Guild Wars 2, it’s more of a challenge to find positive news from the company. Of course, that could be due to the overwhelmingly David vs. Goliath storyline of the #SaveCOH campaign and a round of layoffs due to “realignment.” According to Reuters, the realignment is continuing in a somewhat unusual fashion.

Rather than restructure internally, NCsoft is preparing to sell its entire 809 million shares of NC Interactive Inc., the Austin, TX-based studio that has primarily run western operations, on December 24. With the money from the sale the company will establish a new subsidiary to maintain operations for the US and EU. The currently unnamed entity will be seeded with roughly $47 million.

The sale and reinitialization is drastic, especially if it eliminates current jobs. NCsoft may simply be moving its operational headquarters closer to its development studios on the in California and Washington.

We’ll have more as it comes.