"We intend to develop online games targeting the North American market, one of the fastest growing online gaming markets, with the outstanding developers of L5 Games who have a successful track record and thorough understanding of the culture of the North American market," said Gravity CEO Il-Young Ryu in the announcement.

Blizzard North is known for the Diablo PC series of action-RPGs. Blizzard closed the studio in 2005, with Bill Roper and other employees going on to form Hellgate: London (PC) developer Flagship Studios.