Com2uS

Last updated • 5 min readFrom Wikipedia, The Free Encyclopedia
Com2uS
KRX: 078340
Industry Video games
Founded1998;26 years ago (1998)
Founders
  • Jiyoung Park
  • Youngil Lee
  • Yu Jin Hyeon
Headquarters,
Parent Com2uS Holdings
Website Official website

Com2uS (Korean : 컴투스) is a South Korean mobile and online game development/publishing company established in 1998. [1] Com2uS develops games for Android, iOS, and other platforms. [2] The company's corporate offices are located in the United States, Korea, Japan, and China.

Contents

In 2007, Com2uS was listed on KOSDAQ. [3] On October 4, 2013, Gamevil acquired a majority stake in Com2uS for a little over $65 million. [4] [5]

Com2us launched Summoners War in 2014 and subsequently went on to earn more than $1 billion in revenue from the game in over three years. [6] [7] [8] [9] [10] The results sky-rocketed the stock price of the company to over 1.3 trillion won as of April 2019.

History

Com2uS Corporation was founded in 1998 by Korea University students Jiyoung Park, Youngil Lee, and Yu Jin (Gin) Hyeon, who developed games for mobile devices.

On September 10, 2008, the mobile game division of Disney (Disney Interactive) made a deal with Com2uS in which the latter would develop games for the former to publish and distribute in the United States. Disney Puzzle Family was the first game developed under the agreement, which was released later that month. The next title with Disney Interactive, Disney Game Parade, was released the following year. [11]

In 2008, Com2uS registered a trademark for the term "Tower Defense". Many developers who make tower defense games have changed their games because of this, including Ninja Kiwi's games in the Bloons Tower Defense series. [12] During early 2010, some developers in Apple's App Store affected by this change had reported receiving messages asking them to change names of games, citing trademark violation. [13] [14]

On October 4, 2013, Gamevil acquired 21.37% of Com2us for $65 million. [4]

In January 2020, Com2uS teamed up with Skybound Entertainment, a U.S. entertainment company, to create a mobile game based on The Walking Dead series. [15]

On October 18, 2021, Com2uS announced that it had invested a total of 350 billion won ($295 million) in media and gaming companies that year. [16] Investments included acquiring 13.7% of Wysiwyg Studios in March, and an additional investment in August bringing its total stake in the company to 38.11%. Earlier in the year, In February 2021, Com2uS became the second-largest shareholder in Devsisters with a total 14.88% stake. Com2uS also acquired 2.1% stake in K bank, as well as investments into Allm, Grampus, Jungle Studios, Whynot Media, and Mediacan.

On November 30, 2021, Gamevil changed its corporate name to ‘Com2uS Holdings’ after 21 years in order to strengthen its holding role and increase cooperation with other affiliates in hopes of increasing its reach at a time of rapid global expansion. [17]

On March 28, 2022, Com2uS announced the acquisition of My Music Taste controlling a 58.5% stake in the company. [18]

The company launched its metaverse platform Com2Verse in July 2023, but began downsizing two months later after operating at a net loss. [19] In August, Com2uS partnered with Firefly Games, The Sandbox, and Formless Capital to form MetaWorld Entertainment, a new venture that would focus on Web3 experiences. [20] On November 1, 2022, Com2uS acquired a 4.2% stake in SM Entertainment. [21]

In January 2023, and subsequent 2024 Com2uS began looking for employees to voluntarily resign, [22] following an extended period of operating at a loss, as it looked to cut "a two-digit number of people." [22]

Com2uS said October 28, 2024 it will begin service of its subculture title, "Starseed: Asnia Trigger," in North America and two other English-speaking nations later this week. [23]

Summoners War

The Summoners War series is the largest franchise of the company. Sky Arena the first in the series is a turn based RPG. The Lost Centuria is an earlier example of the now popular gacha game subgenre, with added elements of their previous series. Chronicles is their most recent installment and allows open world exploration as a MMORPG. Aside from the games the Summoners War series also has a light novel, [24] titled Summoners War: Summoner Combat and a comic Summoners War: Legacy.

Awards

Game Awards [25]
GamesAwardsYear
Summoners War: Chronicleswon the Grand Prize at the 2022 Korea Game Award2022
Summoners WarWins OGN G-Rank Global Special Award2016
Summoners WarsWinner of Korea Game Awards Excellence Prize & Technology Award2014
Slice ItWinner of 2010 Korea Game Grand Prize2010
Super Action Hero 2Winner of the Korea Game Awards Excellence Prize / Game Character Award2008
Super Action HeroWinner of the 'Best Game Design Award' in China's 3rd Excellent Mobile Game Award2008
Mini Game Paradise 3Winner of Korea Game Grand Prix2007
Mini Game ParadiseAwarded Minister of Culture and Tourism Prize for Korea Cultural Contents Export Award in2003

Other Awards [25]

  1. Com2uS, Wins the 16th Korean Consumption Culture Awards
  2. Com2uS, Selected as the Top 5 Global Developers by UK Pocket Gamer
  3. Com2uS, Winner of the US 2015 DARI Award 'Korea Enterprise of the Year'
  4. Com2uS Hub, Winner of the 7th Korea Internet Grand Prize Presidential Award
  5. Com2uS, Wins the Presidential Commendation for the 9th Gender Equality Employment Equity Award
  6. Com2uS Wins the 4th Prime Minister's Software Industry Development Award

Studios

List of studios
NameLocationAcquiredRef(s).
Day7 Seoul, South Korea2019 [26]
Nova Factory Seoul, South Korea2019 [27]
Mana Core Seoul, South Korea2019 [28]
Com2uS Tygem (formerly Dongyang Online) Seoul, South Korea2020 [29]
Tikitaka Studio Seoul, South Korea2020 [30]
Out of the Park Developments Berlin, Germany2020 [31]
allm Seoul, South Korea2021 [32]
FunFlow Seoul, South Korea2021 [33]

Games

Summoners War

The Walking Dead

Other

Discontinued

  • Arel Wars
  • Arel Wars 2
  • Kung Fu Pets
  • Soul Seeker
  • Zenonia 1,2 & 3
  • Soccer Spirits

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References

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