According to media report, Sony is planning to acquire Hong Kong-based game developer Leyou Technology. It is reported that Sony is working with a financial advisor on the acquisition of equity in Leyou.
Leyou Technology is the parent company of Warframe developer Digital Extremes and Gears of War strategic developer Splash Damage. The company has also partnered with Amazon in the US to jointly develop a free online multiplayer game based on the movie The Lord of the Rings. This year, the company's stock price has risen by about 20%, with a market value of about $1.1 billion.
Sony is weighing the acquisition of Leyou Technology, which is currently in the negotiation stage and does not rule out the appearance of other competitors.
Leyou Technology is the parent company of Warframe developer Digital Extremes and Gears of War strategic developer Splash Damage. The company has also partnered with Amazon in the US to jointly develop a free online multiplayer game based on the movie The Lord of the Rings. This year, the company's stock price has risen by about 20%, with a market value of about $1.1 billion.
Sony is weighing the acquisition of Leyou Technology, which is currently in the negotiation stage and does not rule out the appearance of other competitors.
