GungHo Board announces takeover of Kamcord partial stake

November 19, GungHo Board announced the acquisition of Kamcord part of the stake. Kamcord is a mobile game developer for the game Video SDK developers, the SDK embedded in the game can be recorded and uploaded SNS or video site.

At present, the hand tour users upload/Browse Game video demand is increasing, and video games can also enhance user activity, is based on the SNS on a novel and very potential marketing approach.

GungHo said the Kamcord is intended to utilize the advantages of two companies, and is very optimistic about the game video in the field of development and growth. The future with "Zhi long fan City" led by the GungHo of the game will support the SDK.

GungHo the acquisition of a total of Kamcord issued shares of 12%, the official signing date in late November 2014. In addition, Kamcord has received multiple rounds of financing, including Tencent and the 1 million-dollar angel investment in innovation workshops.

A few days ago, GungHo just announced the acquisition of Free mobile game engine "cocos2d-x" developers touch technology part of the issue, and the acquisition of the official signing date is also scheduled in late November. GungHo also said in the two announcements that the acquisition will only have a slight impact on the GungHo performance level.

Cocos2d or will join the video recording feature
Cocos2d or will join the video recording feature

From these two announcements, it can be seen that GungHo has not chosen to invest heavily in "strategic investment", the real goal is to reach a cooperative mechanism. As a mobile game engine developer, touch and SDK developer Kamcord Business is highly correlated, and two companies contract date for the same period, so the next touch of the game engine or will be added to the video recording function, and even do not rule out the possibility of Kamcord equity transactions.