Neowiz

Neowiz () is a South Korean video game developer and publisher. The company was founded in 1997 by Sung Kyun Na. In 2007, a corporate restructuring resulted in the creation of Neowiz Holdings, which became the parent company overseeing various subsidiaries, including the gaming business. In 2017, the gaming division was rebranded as Neowiz. The company is best known for the DJMax series and Lies of P.

==History== Neowiz was founded in 1997 by 8 friends, including current Chairman of the Board Na Sung Kyun and Chang Byung Gyu, both graduates of the Korea Advanced Institute of Science and Technology. The name is a combination of the words "new" (neo) and "wizard" (wiz). The company started off as an internet content provider by developing LiveCAST, a service that delivered customizable information (e.g. news, weather, etc.) to its subscribers online. Neowiz was not able to secure enough subscribers to maintain profitability due to the lack of affordable and simple internet access. However, it was able to stay afloat by providing software development services to internet service providers in Korea and Europe.