Talking Tom Developer Purchased by Chinese Chemical Firm
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Latest comments

We should talk more about this, all of us... I work multiple jobs in gaming and entertainment in general so I burn out once or twice a year and I need months to recover. Screw that.

by Pawel Stolecki
10 hours ago

That's really neat tool to have,leads me to dig dipper into pixel proccesor. Great job

by testure
16 hours ago

@alex if i had to guess, they just finished two back-to-back AAA games in the same franchise and some people are seeing it as a good time to transition without burning bridges? aka business as usual?

Talking Tom Developer Purchased by Chinese Chemical Firm
19 January, 2017
News
Pocket Gamer states that British studio known for popular mobile games Talking Tom and My Talking Hank has been sold to Chinese chemical firm for about $1.07 billion.

App Annie report has recently named Talking Tom the 6th most downloaded mobile game across both iOS and Android.

The company that purchased mobile apps developer was previously known as Zhejiang Jinke Peroxides, but now it’s called Zhejiang Jinke Entertainment Culture. This change reflects a desire to study mobile games and entertainment industry. 

This kind of deals seems to be a recent trend for Chinese companies. More and more Chinese investors are willing to dive into the world of mobile apps and video games. The deal with Outfit7 though can be named one of the most expensive.  Chinese mining firm Shandong Hongda bought Runescape creator for $300 million in 2015 and the year before that Chinese meat supplier Sumpo Food purchased a majority stake in Warframe developer. 

Source: Pocket Gamer

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