Air network plans 3 million dollars to buy mobile game developers new thermal technology

According to foreign media reports, China wireless value-added service provider Air network announced today, plans to acquire Chinese mobile phone game developers China New Thermal Technology Co., Ltd. (Simlife Analysys.　　Inc., hereinafter referred to as new thermal). The air network has agreed to pay 3 million of dollars in cash to new thermal shareholders.　　In addition, if the new thermal performance is good within one year of completion of the acquisition transaction, the Air network will pay another 1.25 million dollars in cash and 6 million shares in the common air network to specific new thermal shareholders. Lei, CEO and Chairman of the board, said, "The new heat currently has more than 200 mobile gaming portfolio products and a development team of more than 50 developers who have many years of experience in 3D mobile game development." "IDG Technology venture capital has about 6.7% of the common stock of the air network, but also has a new heat of about 30% of the shares."