Chinese Youzu acquires German Bigpoint

Chinese games company Youzu plans to buy German Bigpoint GmbH for up to 80 million Euros ($89.68 million) according to reports at Youzu and Reuters.

Established in 2009, Youzu Interactive is a global entertainment company specializing in game development and distribution. In June 2014, Youzu Interactive was officially listed on the capital market, becoming the first domestic A-share gaming company in China.

Following the Global Publishing & IP Strategy vision, Youzu Interactive operates in five main sectors: Mobile games, browser games, distribution, platforms and overseas business. Youzu Interactive is committed for the highest game quality, concept and business ethics, and keeps to publish expendable games and movies worldwide as well as specialized in bringing great Chinese and Asian games into the western markets.

In 2014, Youzu Interactive initiated the +U plan, a 350 million USD investment for product licensing and companies acquisitions. Together with experienced team, proven IPs and strong international partners Youzu Interactive will continue to grow and develop in the future.

Source: Reuters