Krafton Acquires Eleventh Hour Games
Krafton has announced its decision to acquire Eleventh Hour Games, the creators of Last Epoch, for a figure approaching $100 million. The strategic acquisition aims to expand the global player base, strengthen live service capabilities and demonstrate commitment to the action RPG genre.
Krafton has acquired 100 percent of Eleventh Hour Games' (EHG) shares. The acquisition amount includes an initial consideration of $96 million. EHG was founded in 2018 by ARPG fans and players who first connected via Reddit. The company was established with the objective of creating the "next great Action RPG". In 2022, the studio obtained a low-equity investment from Tencent Games. In 2024, the studio officially launched Last Epoch, which has since sold over three million copies worldwide.