History
Established as ONSale Co., Ltd. on July 1, 1998 (a joint venture between Softbank and onSale Inc. in the US) to engage in the online interactive auction business. In 2000 the company moved its headquarters to Tokyo, Japan and changed its focus to providing auction systems, etc. using ASP. In 2002, the company once again changed its focus, this time to Online Game Services. Primarily hosting the Japanese server of Ragnarok Online. In 2004 the company began joint development of online games with Game Arts Co., Ltd.. In March 2005, the company was listed on the Hercules Nippon New Market of the Osaka Securities Exchange. In August 2005, the company invested in G-Mode Co., Ltd. a game manufacturer for mobile phones. In December 2005, the MMORPG developed by GungHo, Emil Chronicle Online was officially released. In August 2006, they completed the contract to distribute Ragnarok Online II. In February 2007, a licensing agreement was signed with Nintendo, for development on the Nintendo DS platform. In October 2007, GungHo Works, Inc., behind the development of Ragnarok DS, was established. In April 2008, Gravity Co., Ltd. was acquired as a subsidiary.
Read more about this topic: Gung Ho
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“The best history is but like the art of Rembrandt; it casts a vivid light on certain selected causes, on those which were best and greatest; it leaves all the rest in shadow and unseen.”
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