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set plans to quit as a director. The buyers of his shares were Ezer and Techno Groove (which later merged into Asian Groove) of Japan, a pair of technology ventures controlled by Il Young Ryu and Taizo and
Masayoshi Son. After becoming the new majority shareholder, on 13 September 2005, Il Young Ryu was named by Gravity as its new chairman and joint chief executive. EZER subsequently returned Techno Groove's investment of 9.9 billion yen to Asian Groove, which gave up any interest in Gravity. On 19 October 2007, EZER sold their interest in Gravity to Son Assets Management or SAM.
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255:. Consequently, Gravity received a position on Perpetual's board of directors. Gravity also received "priority rights for future access to contents and other intellectual property rights of Perpetual Entertainment." On 21 November 2007, Gravity announced they had lost their investment after Perpetual cancelled its development of the MMORPG
247:
Jung Ryool Kim, diverted approximately $ 6 million in company funds to himself between 2002 and 2004, which eventually led to an investigation, settlement, and corrections of financial statements for those years. On 30 August 2005, Jung Ryool Kim, the controlling shareholder, sold his 52% stake and
239:
The company has had a rather turbulent history initially involving internal political conflicts between CEO Hakyu Kim (who eventually left the company), and company president Jung Ryool Kim (who later assumed control as CEO), but has since stabilised and expanded operations to all of north and
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Gravity faced litigation in 2006 when two US based hedge funds complained that majority shareholders and officers had violated their fiduciary obligations. In 2007, Gravity agreed to settle for $ 10 million, but continued to deny any wrongdoing.
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stopped developing the game in 2007, and the rights of ROSE Online were sold to several different companies which now develop and publish their own versions of the game. For instance,
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is considered a success in Asia, operations are not as well developed in Europe and the United States in comparison to similar products marketed and developed there.
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On 5 December 2007, Gravity announced they had formed a new US-based game developer, L5 Games. L5 is a subsidiary of
Gravity Interactive, Inc. and is based in
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south-east Asia through supervised partnerships with native corporate entities. However, while
Gravity Corporation's flagship product
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Gravity owns a number of subsidiary companies, which publish and develop its games in countries and regions around the world.
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Neo Cyon, Inc., established in 2000, develops and publishes mobile games and MMORPGs. It was acquired by
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Gravity CIS, Inc. publishes games in Russia and CIS countries. It was established in 2005 and is based in
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Gravity has also developed and/or published the following titles for mobile devices or portable consoles:
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Gravity Europe SAS publishes games in Europe. It was established in
September, 2006, and is based in
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840:"More GRVY Please: Finding Value In Gravity, A Korean Gaming Company (NASDAQ:GRVY) | Seeking Alpha"
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Triggersoft, which created ROSE Online, was acquired by
Gravity in 2005. It was liquidated in 2007.
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licensing and merchandising to develop and publish "Ice Age Online", an online game based on Fox's
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The following are games that have been published and/or are currently being developed by
Gravity.
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develops and publishes its version of the game for 3 North
American and 40 European countries.
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1053:"Ragnarok Origin, Gravity's fantasy MMORPG, has released on Android and iOS worldwide"
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publishes games in North
America. It was established in March, 2003, and is based in
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Gravity
Corporation has also developed and/or published the following PC game titles:
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Ragnarok: Origin is a mobile adaptation of the franchise which was released in 2021.
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On 22 May 2006, Gravity announced it had invested $ 9 Million in US game developer
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On 14 January 2008, the company announced an exclusive seven-year deal with
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GRVY, making it the first Korean game company to be listed on the NASDAQ.
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created by Gravity. It was released in South Korea on 31 August 2007 for
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The corporation started as a small business in Shinsa-dong, Kangnam-ku,
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In 2022, Gravity released a version of Ragnarok featuring collectible
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Gravity released a mobile game titled Ragnarok: Eternal Love in 2017.
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motion picture franchise, but development was halted in 2009.
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1077:"Beginner's Guide to Ragnarok NFT (Tips and Tricks)"
974:Japan's GungHo to acquire S.Korea Gravity majority
438:as well. The game has spawned an animated series,
998:"PS Vita RPG Ragnarok Odyssey Given Release Date"
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1102:"About Gravity Interactive - Gravity KR Website"
583:is a beat 'em up game based on the arcade game
270:employees, and went into liquidation in 2008.
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205:massively multiplayer online role-playing game
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1126:About Gravity CIS, Inc. - Gravity KR Website
828:MSN Money IPO Center - Gravity Co., Ltd. IPO
574:Double Dragon II: The Revenge § Legacy
203:primarily known for the development of the
1403:South Korean companies established in 2000
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1200:
499:. Most of the game's universe is based on
1148:About Neo Cyon, Inc. - Gravity KR Website
1137:About Gravity Europe - Gravity KR Website
708:Arcturus - The Curse and Loss of Divinity
618:
600:
1398:Video game companies established in 2000
995:
453:Ragnarok Online 2: The Gate of the World
426:. Much of the game's mythos is based on
580:Double Dragon II: Wander of the Dragons
567:Double Dragon II: Wander of the Dragons
478:Ragnarok Online 2: Legend of the Second
472:Ragnarok Online 2: Legend of the Second
465:Ragnarok Online 2: Legend of The Second
447:Ragnarok Online 2: Legend of the Second
430:, but its style has been influenced by
228:and traded $ 108 million US dollars on
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266:. The company was composed of former
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315:and released in February, 2012 for
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16:South Korean video game corporation
13:
1051:Meena, Sumant (11 November 2021).
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311:Ragnarok Odyssey was developed by
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503:. The soundtrack was produced by
487:라그나로크 온라인 2: Legend of the Second
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586:Double Dragon II: The Revenge
535:Rush On Seven Episodes Online
507:, well known for her work in
897:19-10-2007 SEC 13-D/A Filing
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1383:GungHo Online Entertainment
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651:Ragnarok X: Next Generation
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154:GungHo Online Entertainment
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589:. It was released for the
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952:21-11-2007 SEC 6-K Filing
941:22-05-2006 SEC 6-K Filing
930:5-11-2007 SEC 13-D Filing
919:13-09-2005 SEC 6-K Filing
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511:and other anime series.
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1253:2: Legend of the Second
795:Ragnarok Battle Offline
458:Ragnarok Battle Offline
253:Perpetual Entertainment
95:Yoshinori Kitamura, COO
1335:Ragnarok the Animation
886:10-2005 SEC 6-K Filing
864:08-2005 SEC 6-K Filing
761:Buena Park, California
620:Ragnarok Labyrinth NFT
602:Ragnarok: Eternal Love
441:Ragnarok the Animation
268:Blizzard Entertainment
123:141,623,000,000 (2017)
714:Emil Chronicle Online
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444:, and a sequel game,
273:On 14 February 2008,
264:San Mateo, California
143:13,314,000,000 (2017)
1171:"2007 Annual Report"
1031:"2009 Annual Report"
661:MR!P: Miracle PORORO
196:) is a South Korean
1057:www.pocketgamer.com
757:Gravity Interactive
731:Requiem: Bloodymare
631:non-fungible tokens
337:Requiem: Bloodymare
331:Requiem: Bloodymare
324:Requiem: Bloodymare
166:Gravity Interactive
21:
846:. 30 November 2020
666:MagicPuzzle Island
97:Heung Gon Kim, CFO
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1288:Valkyrie Uprising
424:Microsoft Windows
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186:Gravity Co., Ltd.
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20:Gravity Co., Ltd.
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1106:the original
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1083:. 2022-05-26
1081:WhatIfGaming
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848:. Retrieved
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748:Subsidiaries
742:Time N Tales
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725:Pucca Racing
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71:Headquarters
25:Company type
687:Ragnarok DS
556:Triggersoft
552:Triggersoft
529:ROSE Online
523:ROSE Online
516:ROSE Online
201:corporation
106:Video games
57:Video games
1372:Categories
1112:2007-12-07
1087:2022-06-21
1062:2022-06-21
1037:2011-03-18
1007:2022-06-21
850:2022-06-21
815:"그라비티 오피셜"
802:References
656:Ragnarok R
627:blockchain
505:Yoko Kanno
232:under the
198:video game
130:Net income
86:Key people
66:April 2000
1225:franchise
720:Paper Man
597:service.
403:라그나로크 온라인
313:Game Arts
194:그라비티 주식회사
37:Traded as
1330:(manhwa)
1327:Ragnarok
1223:Ragnarok
788:See also
633:(NFTs).
591:Xbox 360
415:Ragnarok
102:Products
53:Industry
1357:Gravity
1345:Related
1281:Odyssey
1274:Tactics
629:-based
546:) is a
489:; is a
405:) is a
373:Ice Age
348:) is a
346:레퀴엠 온라인
216:History
174:Website
112:Revenue
63:Founded
45::
1309:Origin
737:Stylia
544:로즈 온라인
540:Korean
483:Korean
411:manhwa
399:Korean
342:Korean
293:Titles
230:NASDAQ
190:Korean
149:Parent
43:Nasdaq
29:Public
1319:Media
1231:Games
532:, or
222:Seoul
92:(CEO)
75:Seoul
593:via
141:KRW₩
121:KRW₩
47:GRVY
1002:IGN
418:by
319:.
226:IPO
1374::
1260:DS
1079:.
1055:.
1000:.
842:.
699:PC
542::
485::
401::
356:.
344::
259:.
212:.
192::
77:,
1215:e
1208:t
1201:v
1115:.
1090:.
1065:.
1040:.
1010:.
853:.
817:.
777:.
770:.
763:.
538:(
481:(
397:(
340:(
188:(
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