PUBG Corporation has officially merged with its parent company, Krafron, Inc., and will now be operating as PUBG Studio. 

According to an official statement, the developer of global hit PLAYERUNKNOWN’S BATTLEGROUNDS will continue to support PUBG and PUBG MOBILE in “select countries”, and will be concentrating on expanding the PUBG franchise into esports and other entertainment mediums. 

South Korea-based Krafton has also merged two of its other subsidiaries, PNIX, Inc. (Archery King), and Delusion Studio, Inc., (Castle Burn), into a new company called Rising Wings. 

Krafton’s independent studio system now includes PUBG Studio, Rising Wings, Striking Distance Studios, and Bluehole Studios. 

AYO.NEWS says:

It’s been quite a year for PUBG Corporation, with its battle royale title remaining hugely popular, and its mobile version doing especially well, seeing several new leagues formed. However, the Indian government’s decision to ban PUBG MOBILE in September, as part of its escalating dispute with China, hit the company hard. 

We doubt very much that the restructuring and renaming of PUBG Corporation to PUBG Studio will have any noticeable effect for players in the short term, as it’s probably mainly related to Krafton’s upcoming listing on the Korea Exchange (KRX) – which could value the company at a record $26B USD. However, it will be interesting to see how the franchise expands regarding esports, and which other entertainment mediums it enters, in the longer term.

As previously reported, in November Krafton announced a partnership with Microsoft, which will see it deploy its products, including PUBG and PUBG Mobile, using the Azure cloud computing service. 

‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. 

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