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Foxconn may acquire a web game company in Chengdu|
Foxconn Technology Group, a Taiwan-based leading electronics producer, plans to acquire Handseeing Information Technology Co Ltd., an online game developer in Chengdu, Sichuan Province, for a business expansion, sources reported.
In 2005, the Chengdu-based Handseeing Information founded with registered capital of RMB 500,000. The firm, specializing in the R&D and promotion of web games, attracted RMB 50 million from Shenzhen Green Pine Capital Partners, a venture capital firm, with its unique development mode.
Tian Bo, vice president for Handseeing Information, confirmed the news of possible acquisition with Foxconn, but added that he was not informed of the details.
Chengdu, a gateway to the Southwest of China, is home to a host of online game developers at present, gradually growing into an IT industry cluster of the nation.