Ex-Zynga Executive Gains Nexon Investment in New Game Company

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Zynga Inc.’s former chief operating officer received an investment for his video-game startup from free-to-play pioneer Nexon Co., going into competition with his ex-employer.

Nexon, based in Tokyo, gains exclusive global publishing rights to new PC and mobile titles being developed by Miami-based Shiver Entertainment Inc., according to a statement today. Terms of the cash investment weren’t disclosed.