Krafton Acquires Eleventh Hour Games for $96 Million, Adding Last Epoch to Its Portfolio

Krafton Buys Eleventh Hour Games for $96 Million, Expands Portfolio with Last Epoch


Known best for PUBG: Battlegrounds, South Korean publisher Krafton is diversifying its portfolio by fully acquiring Eleventh Hour Games. This studio, located in Oregon, released the action RPG Last Epoch early this year, with already over three million PC copies sold, a commendable accomplishment in a genre dominated by the likes of Diablo and Path of Exile.

Valued at a whopping 96 million USD, this acquisition gives Krafton a meaningful presence in a market segment it previously overlooked while supplying Eleventh Hour Games with the needed resources to introduce Last Epoch to consoles and augment the frequency of its seasonal updates. The studio retains its creative independence and will function as a discrete subsidiary.

  • Eleventh Hour Games came into existence in 2018, founded by ARPG enthusiasts who convened on Reddit.
  • Last Epoch achieved version 1.0 in February 2024, marrying deep skill-tree customization with captivating storylines around time travel.
  • The game broke the three million sales barriers and registered robust peak-concurrent numbers on Steam post-launch.
  • While Krafton now possesses 100% of the studio, it affirms that EHG’s leadership remains unchanged.
  • The investment is earmarked for console ports, improved live-service support, and an enlarged content roadmap.

With a bulk of its revenue dependent on PUBG, this endeavor diversifies Krafton’s offerings, in an era where live-service ARPGs are increasingly attracting players. Eleventh Hour Games finally gets the chance to expand without compromising the community-centric philosophy instrumental in distinguishing Last Epoch from its competitors. Priced at $34.99 on Steam, Last Epoch, unlike Path of Exile, isn’t free. Though it has a current average player base of just 2850, big seasonal updates trigger spikes in the game’s numbers, much like Path of Exile.

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