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Encyclopedia > GRAVITY Co., Ltd.
GRAVITY Co., Ltd.
Type Public (NASDAQ: GRVY)
Founded April 2000
Headquarters Seoul, Republic of Korea
Key people Ryu, Il Young, Chairman & CEO
Kwon, James O., CFO
Kim, Jung Ryool, Executive Director
Industry Software & Programming
Website Gravity Co., Ltd. Korean

GRAVITY Co., Ltd. (also known as Gravity Corporation) NASDAQ: GRVY (Korean:그라비티 주식회사) is a South Korean videogame corporation primarily known for the development of the MMORPG Ragnarok Online. Image File history File links Gravity. ... A public company is a company owned by the public rather than by relatively few individuals. ... NASDAQ in Times Square, New York City. ... 2000 : January - February - March - April - May - June - July - August - September - October - November - December This is a timeline for events in April, 2000. ... Seoul (Sŏul[1] 서울)   is the capital and largest city of South Korea (Republic of Korea). ... It has been suggested that Multiplayer Video Games be merged into this article or section. ... This page as shown in the AOL 9. ... NASDAQ in Times Square, New York City. ... South Korea, officially the Republic of Korea (ROK; Korean: Daehan Minguk (Hangul: 대한 민국; Hanja: 大韓民國)), is a country in East Asia, covering the southern half of the Korean Peninsula. ... A computer game is a game composed of a computer-controlled virtual universe that players interact with in order to achieve a defined goal or set of goals. ... A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ... It has been suggested that this article or section be merged with History of MMORPGs. ... Ragnarok Online (Korean: 라그나로크 온라인, abbreviated RO) is an MMORPG created by Gravity Corp. ...

Contents

History

The corporation started as a small business in Shinsa-dong, Kangnam-ku, Seoul, South Korea and has expanded to an international corporate interest with a semi-independent subsidiary division located in Los Angeles, California known as Gravity Interactive, Inc. which handles the international version of the game (referred to as "International Ragnarok Online" or "iRO"). On 12 February 2005, Gravity Corporation made their Initial Public Offering and traded $108 million US dollars on NASDAQ under the ticker symbol GRVY. Seoul (Sŏul[1] 서울)   is the capital and largest city of South Korea (Republic of Korea). ... Nickname: City of Angels Location within Los Angeles County in the state of California Coordinates: State California County Los Angeles County Mayor Antonio Villaraigosa Area    - City 1,290. ... February 12 is the 43rd day of the year in the Gregorian Calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Wikipedia does not yet have an article with this exact name. ... NASDAQ in Times Square, New York City. ... A stock symbol or ticker symbol is a mnemonic used to uniquely identify shares of a publicly-traded corporation on a particular stock market. ...


The company has had a rather turbulent history initially involving internal political conflicts between CEO (Kim Hakkyu, who eventually left the company) and company president Kim Jungryool (who later assumed control as CEO), but has since stablised and expanded operations to all of north and south-east Asia through supervised partnerships with native corporate entities. However, while Gravity Corporation's flagship product Ragnarok Online 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. Ragnarok Online (Korean: 라그나로크 온라인, abbreviated RO) is an MMORPG created by Gravity Corp. ... World map showing Europe A satellite composite image of Europe Europe is one of the seven traditional continents of the Earth. ...


On August 30, 2005, Jung Ryool Kim, the controlling shareholder, sold his 52% stake and set plans to quit as a director. The buyers of his shares were Ezer and Techno 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 September 13, 2005, Il Young Ryu was named by Gravity as its new chairman and joint chief executive. Il Young Ryu is also the founder of Area Network Limited and the CEO of Internet Japan. August 30 is the 242nd day of the year in the Gregorian Calendar (243rd in leap years), with 123 days remaining. ... September 13 is the 256th day of the year (257th in leap years). ...


Litigation

In 2006, two U.S. based hedge funds created a committee for "fair treatment of minority shareholders" which initiated litigation charging that the majority shareholders and officers have violated their fiduciary obligations. The term hedge fund dates back to the first such fund founded by Alfred Winslow Jones in 1949. ...


The funds, Moon Capital Management and Ramius Capital Group, both headquartered in New York City, demanded that Gravity call an extraordinary general meeting of the shareholders to give them a chance to vote Il Young Ryu out of office. Their demands were in time successful, and a meeting was scheduled for December 26. Nickname: Big Apple, City that never Sleeps, Gotham Location in the state of New York Coordinates: Country United States State New York Boroughs The Bronx Manhattan Queens Brooklyn Staten Island Settled 1613 Mayor Michael Bloomberg (R) Area    - City 1,214. ...


Game titles

Published

Gravity Corporation has published the following game titles:

Ragnarok Online (Korean: 라그나로크 온라인, abbreviated RO) is an MMORPG created by Gravity Corp. ... This article does not meet Wikipedias content policies, and may need to be moved to a gaming wiki ROSE Online, or Rush On Seven Episodes Online (Korean:로즈 온라인)is an MMORPG developed by Korean company Triggersoft and published by Gravity Corp. ... Arcturus ~ The Curse and Loss of Divinity ~ is a Korean RPG game co-developed by Sonnori and Gravity Corp. ...

In development

While they have announced current and on-going development of the following titles:

  • Requiem Online
  • Ragnarok Online 2
  • Paper Man
  • Stylia

See also

Ragnarok Online (Korean: 라그나로크 온라인, abbreviated RO) is an MMORPG created by Gravity Corp. ... Ragnarok Battle Offline, or RBO, is a beat em up game for Microsoft Windows created by dōjin soft developer French-Bread. ...

External links



 
 

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