Chapter 736: Two Game Companies (Part I)
Zhou Shi is good at acquisitions, not that he knows how to acquire a business, compared to professionals, his ability is not comparable to the residue of a battle 5. What he is good at is the selection of target companies, and he buys companies with great potential and makes a move when they are at a low point. Then, with the adjustment of the correct strategic direction and excellent management, the company can get out of the trough, such as Yahoo!
Yahoo hasn't done it yet, so the next target will naturally not be Yahoo's shot. He was found by Chen Yifan of Time Games America, which has become the well-deserved leader of this market with a number of excellent mobile games. In the PC game market, there is League of Legends, an improved version of Crossfire, and the time game platform is also operated.
Chen Yifan's efforts in Time Games America were successful, although after he was responsible for the acquisition of the digital field, the company barely achieved profitability with the help of Zhou Shi, relying on orders from Marvel and Miramax, plus some customers developed by himself, but the development of the domestic market was not very smooth, and he did not play any role in it. Of course, his achievements cannot be erased, he has done a good job in optimizing the company's management system and reducing the company's operating costs, and many special effects staff have been transferred to Huaxia. Another surprise to Zhou Shi is that Chen Yifan actually invested in Unity and Epic, two game engine development companies, at the same time, and held more than 35% of the shares and entered their board of directors. Later, one of the two engine development companies took the popular route and had the largest user base in the world, and the other took the high-end route and made the most money with the games it developed.
Time Game America, Inc., like Time America, Inc., is an independent entity, and the headquarters has an equity relationship with it, but the management is basically not a problem. The financial transactions between the two parties are also carried out in accordance with the market relationship. For example, Time Games Agency League of Legends needs to pay agency fees, and CrossFire International Edition also needs to pay copyright agency fees. And because of the long-term financial support, Time Games is also in a unique position in Time America, as long as they don't make mistakes, they generally don't ask. It's basically an independent gaming company. Of course, the various financial management systems are much stricter than before.
In any case, although Time Games belongs to Time Company, they have a lot of autonomy, and after completing Zhou Shi's ideas, they do not limit the scope of their game development, and the annual revenue is proportionally distributed, because the success of each game basically does not have the possibility of losing money. Chen Yifan is in such a company, his power is still quite large, and there are a lot of funds that can be freely deployed. But the big thing still has to be agreed by the Time Headquarters and Zhou Shi.
"What's the matter, what do you think?" Zhou Shi, in his opinion, although Chen Yifan is not mature, he is a person who dares to think and do, and has momentum.
"I want to buy one or two game companies!" Chen Yifan said directly
"Oh, two?" Zhou Shi's first reaction was that these two game companies are not big, but they are not small, and small companies and studios can directly acquire them, so there is no need to look for him.
"Yes, Zynga acquires one, Time Games acquires one!" Chen Yifan
Although Zynga has shares in Galaxy Capital, Time Games is the controlling shareholder, and last time Zhou Shi wanted to sell a little stock to raise funds for Time Company. But because of the restrictions on the cash-out of major shareholders in the United States, they are hindered from exiting the plan. Only part of the shares were transferred, which slightly relieved the financial pressure.
"Acquire that company?" Zhou Shi suddenly became interested
"I'm ready for Zynga to acquire Take-Two, and Time Games to acquire Ubisoft, which owns two well-known game companies, R Star and 2K, with Wild Cousin, GTA, Max Payne, Bully, L.A. Black, Grand Theft Auto and Civilization, BioShock series, Borderlands series, NBA 2K series, XCOM series, and Special Ops: Ray Line series and so on. "Chen Yifan
MD, except for NBA 2K, Zhou Shi has never heard of any.
"Ubisoft owns the Assassin's Creed series, the Worker Tales series, the Rayman series, the Prince of Persia series, the Rainbow Six series, the Splinter Cell series, and so on!" Chen added.
MD, Zhou Shi, who doesn't play games, still hasn't heard of it.
"The popularity of online games and mobile games in the past two years has shrunk the PC market for stand-alone games, with Take-Two going from over $2 billion in 2008 to around $1 billion now, and Ubisoft, which has a market capitalization of more than €3.5 billion in 2008 and now has less than €1 billion. "Chen Yifan
At this time, 10 euros is equivalent to 12 dollars, and the market capitalization of the two companies is not much different, and if it is acquired at a premium, it will definitely exceed 3 billion dollars, and it may be close to 40 dollars. Of course, it is convenient to acquire a listed company, and both shares and cash can be chosen. But he is not unaware of Zynga's situation, since the beginning of this year, its market value has plummeted, from a peak of more than $10 billion, to only about $3 billion now, and the downward trend has not stopped, at least not rebounded.
"Are you sure?" asked Zhou Shixia meaningfully
"Uh, shouldn't you ask why?" Chen Yifan asked meaningfully, he had prepared a lot of rhetoric.
"Oh, why?" asked Zhou Shi as he pushed the boat
Chen Yifan doesn't know how to describe his current emotions, he really doesn't know how Zhou Shi got his current net worth, it's too unreliable.
"As the MitimeGames gaming platform overtook Valve's steam gaming platform, we saw that the number of single-player users was starting to rise, and console manufacturers such as Microsoft and Sony were driving sales of these games. It is basically certain that now is the trough period for stand-alone game manufacturers, as long as there are good games, it is easy to walk in a predicament, both companies have rich experience in game development and classic IP, whether it is to broaden our business scope, or to make strategic reserves, acquisition is a good choice, and after a few years of low tide, the investors and management of these two companies are not sure about the future, and we have a great possibility of acquisition at this time. "Chen Yifan
Zhou Shi basically doesn't play games after college.,To say that the most understood must be the previous CS,Dark,Warcraft and other very classic games.,I don't have too many ideas about the future of this industry.,The only experience he can use is that Valve's steam game platform in the previous life was very successful.,That shows that stand-alone games have a future.,An excellent game company also has a future.。
(End of chapter)