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Iqiyi bought "flower thousand bone" hand tour research and development company 100% mutual interests of sky mutual Entertainment

2018-07-18 00:00:00Source: People's network

People's network, Beijing, July 18 (reporter Shen Guangqian) July 17th, Iqiyi announced that it has completed the acquisition of Skymoons Inc. and Chengdu Tianxiang Interactive Digital Entertainment Co., Ltd. of 100% shares. Iqiyi has a total of 2 billion yuan, including a $1 billion 270 million fixed payment, and an additional cost of $730 million as of June 30, 2018, and will be delivered if the acquirer meets the expected performance benchmarks for the next two years. It is understood that the Tianxiang mutual entertainment headquarters is located in Chengdu, Sichuan. Its business is the research and development of mobile games and global distribution. It has reached a cooperative agreement with a number of international intellectual property giants, involving the synchronous development and promotion of mobile games based on IP resources. Sky Entertainment has been working with Iqiyi for many years, and its research and development of "flower bone" hand tour and hand tour "drunk and exquisite" are all issued by Iqiyi. Gong Yu, founder of Iqiyi and CEO, said: "we are very happy that the sky is mutual.

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