1/7/2024 0 Comments Snk playmoreHe is also looking forward to collaborations with other Chinese companies to develop games, anime, manga, televisions, and movies in order to fully develop SNK’s intellectual property. In particular, he mentioned that going forward they aim to follow the “Marvel formula,” where the Marvel Universe has branched off into different spaces including comics, games, television, and movies to form a complete and synergistic IP portfolio. The CEO of Dongfang Xingui, Zheng Jianhui commented that the main reason for their acquisition of SNK Playmore is their vast number of game IPs and the all the tie-ins the SNK characters are involved in. The transaction was finalized on in Osaka, Japan.ĭongfang Xinghui (subsidiary of Oriental Securities) will be the majority shareholder of the joint venture with 80% of the shares. The acquisition puts SNK Playmore a valuation at 78 million USD. The shares will give them majority control of SNK Playmore. Through Ledo Millenium, the newly formed joint venture will pay 63.5 million USD to acquire 81.25% of SNK Playmore’s shares directly from former SNK CEO Eikichi Kawasaki and wife Natsuyo Kawasaki. In a surprising twist, two different companies – Oriental Securities and Shunrong Sanqi have established a joint venture called Zheyuan to invest in Ledo Millenium, a subsidiary of Leyou Technologies. Since then, things have been relatively quiet and just when one would think that the deal has gone south, more news have surfaced recently and it seems like the deal have taken a different turn. Though the exact name of the target company was not identified in the document, the details highly suggest that it was SNK Playmore. The news originated from a stock filing on the Hong Kong Stock Exchange. Comes both MVS and AES mode supported.A while ago, we reported that SNK Playmore was possibly in talks to be acquired by a Chinese company called Leyou Technologies. a Home Arcade Combo that comes with MVSX Home Arcade Machine and MVSX Arcade Base. Based on the design of the arcade cabinet featuring a 3.5 inch display. The unreleased SNK Millennium 128-bit console is a prototype game console targeted for the sixth generation in the gaming industry.Ģ56-bit SNK Playmore console hints for the seventh generation in the gaming industry. GEO Pocket Color a 16-bit color handheld video game console.GEO Pocket a handheld video game console for the Fifth generation era of the gaming industry.A cartridge slot and a CD drive that has the ability to run movies. It includes a wireless controller along with a headphone jack. STAR 32-bit console is a prototype and a successor for the NEO.GEO 64 Arcade system boards, as the successor of the NEO.GEO CD console for the Fourth generation of the gaming industry.GEO MVS arcade system board for the third generation in the field of the gaming industry.After he won several lawsuits from SNK's former partner, Aruze, Kawasaki resurrected the company to SNK Playmore. He stayed with the company until its bankruptcy, then creating the Playmore group to compensate. Kawasaki" is a Japanese game director, producer, planner, designer, and founder of the original SNK. Outside of computer and video gaming, SNK has also expanded into pachinko and slot machines since 2004 and mobile game development beginning in 2009.Įikichi Kawasaki (川崎 英吉, Kawasaki Eikichi, born sometime in 1944) aka "E. SNK operates primarily as a third-party computer video game developer and publisher on all major platforms including arcade and PC. For this reason, the name SNK is frequently used to refer to either company. Playmore then became SNK Playmore in 2003 and firmly established themselves as the successors to the SNK brand and legacy. By October, Playmore had acquired all of the intellectual property of the former SNK Corporation. Anticipating the end of the company, Kawasaki founded Playmore Corporation in August 2001. GEO line was halted in 2001 when financial troubles forced SNK Corporation to close.GEO family of arcade and home game consoles beginning in 1990.Originally called Shin Nihon Kikaku (新日本企画 "New Japan Project"), the name was shortened to SNK Corporation in 1986. It founded in Suita, Osaka, Japan in 1978 by Eikichi Kawasaki. SNK Corporation (株式会社 SNK Kabushikigaisha Esu Enu Kei) is a Japanese video game hardware and software company.
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