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The Chinese are coming and they're hungry for games companies.
They need new content to feed their 560 million avid gamers, who contribute to the biggest gaming market in the world - worth an estimated $24.4bn (£19.8bn) in 2016, according to Newzoo.
And this market is growing at around 15% a year.
Chinese firms have already spent more than $111bn on foreign acquisitions this year, according to Dealogic, with some of the biggest deals involving gaming companies.
Internet giant Tencent - which owns the WeChat and QQ Games platforms - bought Finnish Clash of Clans mobile games maker Supercell for $8.6bn earlier this year.
Should games firms welcome or fear Chinese conquest?
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The Chinese are Coming and They're Hungry for Games Companies
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You are a fluke of the universe; you have no right to be here.
(Score: 3, Insightful) by LoRdTAW on Sunday November 06 2016, @04:21AM
I remember the Japanese influx of buyouts in the 80's. A ski resort in Vermont, Stratton, was even bought out. My father hated the place because of all the "look at my expensive ski outfit" yuppies but it had nice trails from what I remember. Back then he used to say we should learn Japanese if we wanted to make real money in business. Now its Chinese. Maybe one day it will be Hindi or something else entirely unexpected. Just depends on who's high on a cheap labor cash bubble.