Tencent Denies Nexon Acquisition Rumors

June 13 — A source close to Tencent has denied recent media rumors suggesting that the tech giant is planning to acquire South Korean game developer Nexon.

Key Points:

No Acquisition Plans: The insider clarified that Tencent has not engaged with Nexon's founder's family and is not considering an acquisition.

This directly refutes earlier reports claiming Tencent was exploring a $15 billion deal to acquire Nexon and had initiated discussions with the founding family.

Nexon is known for popular titles like MapleStory and Dungeon Fighter Online, the latter co-developed with Tencent.

This clarification comes amid heightened speculation in the gaming sector and follows Nexon's recent Web3 push with MapleStory Universe on the Avalanche blockchain.