The Perfect World (NASDAQ:PWRD) announced today that it has reached a definite agreement to acquire 100% per cent of the 255 million yuan price of Wuhu Hui-days Network Technology Co., Ltd. And to about 40 million yuan in the price of the acquisition of Beijing Hui-Day Technology Co., Ltd. held Beijing hand Travel Tatsu Fun Technology Co., Ltd. Minority Stakes.
Wuhu Hui Tian and Tatsu fun are operating in China's leading gaming portal video game bus and pocket bus. In the perfect world before the investment, the final control of the days of Wuhu and Beijing Hui days is not a perfect world of individuals. The completion of this transaction also needs to meet certain conditions.
"We are happy to agree on these investments," said H., CEO of the Perfect World. As two of the hottest game portals in China, video-game buses and pocket buses have accumulated valuable knowledge about the industry and a wealth of experience for players. We believe that these strategic investments will create synergies and provide better support for our gaming business and help us grasp new growth opportunities in the wider gaming industry in the future. ”