Home News Saudi Arabia invests $1 billion in Capcom and Nexon

Saudi Arabia invests $1 billion in Capcom and Nexon

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The Crown Prince of Saudi Arabia continues his investments in the industry by buying shares of two major players.

After having taken one-third of SNK shares, deposit $1 billion at Electronic Arts and 1.6 billion at Activision-Blizzard before the historic takeover by Microsoft. the Crown Prince of Saudi Arabia invested more than 800 million in take two and outright bought ESL Gaming and FACEIT for 1.5 billion.

Today, Mohammed bin Salman continues to take an interest in the sector and invests 1 billion in two new companies: Capcom and Nexon.

The first no longer occurs, since Capcom has been one of the most active players in recent years, while the second, Nexon may not be in the limelight, but it is still a major strength in the industry.

Definitely, 2022 is off to a strong start, between the acquisition of Activision-Blizzard by Microsoft for 70 billion, Bungie which goes to Sony for 3.6 billion and all these stories of NFT.

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If we could have a few video games in between, we wouldn’t say no.

Source: www.bloomberg.com

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