Eight major Chinese investments in UK since Brexit
Updated: 2016-07-25 18:23
By Dai Tian(chinadaily.com.cn)
6. Leyou Technologies acquires games developer Splash Damage
Deal size: $150 million (996 million yuan)
Date announced: July 3
Chinese chicken supplier Leyou Technologies offered to buy UK’s games developer Splash Damage for up to $150 million (996 million yuan), the Hong Kong-listed company announced on July 3.
Founded in 2001, the London-based company is known for its input in hot games such as Wolfenstein, Quake and Gears of War.
Splash Damage will become the second game developer controlled by Leyou, a company previously pigeonholed as a chicken meat products and animal feeds manufacturer.
Last year, the company acquired a 58 percent stake in the Canadian developer Digital Extremes.
A screenshot of Splash Damage’s latest video game Dirty Bomb. The game developer was sold to Chinese Leyou Technologies Co on July 3, 2016. [Photo provided to chinadaily.com.cn]