Air network 80 million dollar mergers and acquisitions internet gaming company Big Network

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U.S. Eastern Time December 15 7:00 (Beijing time December 15 20:00) News, the Air Network (NASDAQ:KONG) officially announced will wholly mergers and acquisitions of domestic internet gaming company large network. The purchase of the price limit of 80 million U.S. dollars, the air network will be large network in 2010 according to the United States accounting standards of after-tax profits after the basis. The transaction is carried out in the form of the main cash supplement of the aerial net stock, the ratio of stock to cash is 62.42% and 37.58% respectively.

Large network after 6 years in the Chinese online games market and global network game market development, has accumulated rich experience, has developed into a few independent research and development, operations and services in one of the global online games market of Chinese enterprises.

The first 3D online game, "Kung Fu World", which was developed by the large network, was successfully entered into the United States, Canada, Japan, Korea, Malaysia, Singapore, Hong Kong, Macao and other international emerging online games market in 2007, and had a 21106.html "> monthly revenue of more than NT $100 million." Large-Cheng network of the latest new 3D online games "dragon" has been on the domestic line, "dragon" has more than 40 overseas countries and regions signed an export agreement, creating a domestic independent research and development of online games products overseas export record.

2010, the large network also plans to launch 2 large-scale 3DMMO games and some of the web game, the current two 3Dmmo games products have entered the late development stage. In the near future, it will launch the first self-developed web game "Kung Fu Web", which has also been exported to Southeast Asia.

For this acquisition, Air Network chairman and CEO Lei said: "We have begun to focus on the Internet game market, and the first time this year to complete the development of mobile phone game layout." We hope that through this acquisition, the game strategy will be extended to the field of Internet gaming, and actively explore the mobile phone games and Internet games innovation and integration, to create a new mobile game + Internet game dual-network combination game business model. Future air networks will continue to invest more research and development power in mobile games and large Internet 3D games and web gaming. ”

"In the future, we will continue to strengthen the core competitiveness of Internet game development and theme innovation, take into account both domestic and international market demand, and continuously export Chinese characteristics to the international new online games market, and combine the experience of aerial network in mobile gaming," said Yang Yang, founder and CEO of the large network. Explore the new model of mutual integration, to create greater value for the air network. ”