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KRAFTON Acquires 100% Stake in ‘Last Epoch’ Developer Eleventh Hour Games for $95.97 Million

Kim Jisun / Published : 07/28/2025 03:19 AM
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Photo: KRAFTON

 

 

[Alpha Biz= Kim Jisun] KRAFTON Inc. announced it will acquire a 100% stake in Eleventh Hour Games, the North American studio behind the hit action RPG Last Epoch. The deal is valued at approximately USD 95.97 million (KRW 132.4 billion).



Founded in 2018 by developers with a shared passion for the action RPG genre, Eleventh Hour Games launched Last Epoch in 2023. The title has sold over 3 million copies worldwide and has recently seen surges in concurrent players and user engagement following major updates, cementing its status as one of the most notable global titles in the action RPG category.



Through this acquisition, KRAFTON aims to strengthen its franchise IP portfolio and further expand its footprint in the global market.



Eleventh Hour Games will focus on long-term franchise growth by:

Expanding to console platforms

Enhancing seasonal content operations



KRAFTON will support these efforts across infrastructure, global publishing, and live service operations, while retaining Eleventh Hour Games’ current leadership team post-acquisition to maintain creative continuity.

 

 

 

 

 

AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)

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