Sony Interactive Entertainment and NCSOFT announce strategic partnership

Sony Interactive Entertainment has signed a strategic global business partnership with Korean publisher and developer NCSOFT, the companies announced.

NCSOFT CEO Taekjin Kim and Sony Interactive Entertainment CEO Jim Ryan met to sign the partnership, through which the two companies will collaborate in various global business fields, including mobile.

The two companies are evaluating a range of potential opportunities with an aim to foster strategic synergy, leveraging NCSOFT’s technological prowess and Sony Interactive Entertainment’s global leadership in entertainment.

“This partnership with Sony Interactive Entertainment is the beginning of our efforts to build various synergies together, utilizing both companies’ core competencies, technological capabilities, and expertise,” said NCSOFT president and CEO Taekjin Kim in a statement. “We will deliver a new and enjoyable experience to our audience across and beyond genres and regions.”

Sony Interactive Entertainment president and CEO Jim Ryan added, “Partnering with NCSOFT advances our strategy to expand beyond console and broaden PlayStation‘s reach to a wider audience. Like Sony Interactive Entertainment, NCSOFT shares a similar vision in creating high-quality, impactful entertainment experiences for players everywhere, and together we’re excited to collaborate to push the boundaries of gaming further.”