Last Epoch devs Eleventh Hour Games have been acquired by Krafton

Subnautica 2 publisher Krafton have acquired Last Epoch devs Eleventh Hour Games, ahead of the latest season launching next month.

In a post on the Last Epoch forum Judd Cobler, Founder of Eleventh Hour Games, wrote "Today I’m excited to announce that Eleventh Hour Games is joining Krafton, the powerhouse behind PUBG, who shares our passion for the action RPG genre and is ready to help fuel our efforts in raising Last Epoch to new heights. With this partnership we will have the opportunity and resources to execute on our goal of creating the very best ARPG in the genre.

After speaking with dozens of potential strategic partners, Krafton clearly demonstrated that they’re aligned in helping us achieve our goals and can both enable and guide us through some of the largest upcoming challenges we’ll face as a studio. This partnership will allow us to deliver things we’ve only dreamed of previously and I’m excited to share details on those at a later date".

Cobler noted how Eleventh Hour Games will be hiring "many" roles in the "near future".

This was announced by Eleventh Hour Games the same day they released a full trailer for Season 3 of Last Epoch.

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Related: back in September 2024, Eleventh Hour Games dropped support for their Native Linux version of Last Epoch telling people to use Proton instead.

From the Krafton press release: "We are thrilled to welcome Eleventh Hour Games into the KRAFTON family," said Maria Park, Head of Corporate Development at KRAFTON. "The team’s commitment to the ARPG community and innovative approach to game development resonated strongly with our values. Their rise from a grassroots studio to a globally renowned ARPG developer is nothing short of remarkable. We believe this acquisition lays the groundwork for diversifying KRAFTON’s genre portfolio and expanding distinctive franchise IPs. This acquisition also reaffirms our unwavering passion for great games and the teams that build them. We will always stand behind developers who put players first.”

KRAFTON acquired 100 percent of Eleventh Hour Games’ shares. The acquisition amount includes an initial consideration of USD 96 million.

Krafton are currently involved in a pretty dramatic legal spat with the original Subnautica founders, but that's clearly not putting the brakes on the rest of their publishing. Hopefully this won't one day turn into a sour situation as well. Probably not the best timing to be announcing such a thing though.