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Gravity, the developer and distributor responsible for Ragnarok Online announced plans to expand. The company will be putting in approximately $30 million USD - $50 million USD over the next three years. Gravity plans to introduce and support a "newly licensed game titles across its global game publishing network, which currently includes over 20 countries worldwide."
David Yoon, the CEO of Gravity had this to say:
|This is a major investment for Gravity and one that we believe represents a significant step towards our goal of becoming a major publisher. We have a global game publishing network that reaches over 20 countries worldwide and a strong visible brand name that appeals to gamers and game developers. We are confident that we will be able to leverage our expertise and experience to introduce promising game developers into the global online game markets and to assist them in successfully marketing and publishing their game titles. From a business strategy standpoint, we believe that our efforts in this area will positively contribute to our long-term growth.|