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Rumor: Apple to Acquire Chengdu Game Firm

eec.com, 8/05/10

Apple has reportedly made significant progress towards acquiring Chengdu-based browser game developer Handseeing Information Technology, according to a source within Handseeing. Apple's representatives have already completed due diligence, and final price negotiations have begun. Apple's current bid is approximately USD 150 mln.

An Apple representative said the company was only sanctioned to discuss specific products and cannot comment on acquisitions. Handseeing president Gu Ke could not be reached by phone.

Keywords: online gaming Gu Ke Internet Apple Handseeing M&A

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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