Nexon Co. Ltd., of Tokyo, one of the world’s largest online gaming companies, announced it has agreed to invest in SecretNewCo, a Baltimore-based game development studio led by 22-year industry veteran Brian Reynolds.
Under the terms of the agreement, Nexon will make a cash equity investment in exchange for a minority stake in SecretNewCo.
Financial terms were not disclosed.
Nexon also gains worldwide publishing rights for SecretNewCo’s flagship game, tentatively titled SecretNewGame, a mobile strategic social network game that is expected to be launched worldwide in 2014.
Reynolds is the former chief game designer of Zynga, the founder of Big Huge Games and co-founder of Firaxis Games.