Today it became known about the acquisition by the distributor of Chinese Universe of Elex company, which localizes Chinese game projects for Western markets, for the amount of $ 434 million.
The Asian gaming market is not just big, it is huge. This is once again evidenced by the huge sums that some Eastern companies pay for others. However, as they joke on the pages of TechInAsia, you have definitely never heard of the players involved in the current deal.
Chinese Universe is mainly engaged in the distribution of books and educational materials. Elex – localization of local gaming products on the world market. One of her most popular works is the adaptation of Age of Warring Empire (box office Top 100 in 38 countries, Google Play).
Previously, the company’s largest investors were Tencent and Innovation Works, after the Elex deal – 100% ownership of Chinese Universe. However, what the latter is going to do with translators is not entirely clear.
A source: http://www.techinasia.com