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Which country developed lol and which company produced it?
Fist is an online game developer and publisher. So far, its first game League of Legends has more than 27 million players online every day. In 2008, it raised $8 million and introduced Tencent, Benchmark Capital and Firstmark capital as investors. Tencent then obtained the agency right of League of Legends in Chinese mainland.
Tencent disclosed in the third quarter financial report of 20 1 1 that it acquired Riot Games, an American game developer, and spent a total of $23 1 billion in cash, holding 22.34% before the transaction and 92.78% after the transaction.
Riot Games, the developer of League of Legends 20 15 12 17, announced in official website that Tencent, its major shareholder, has acquired the remaining shares of the company, which means that Tencent has achieved 0/00% control over the company.
Extended data:
Riot Games (fist company)
Founded in 2006, the company is headquartered in Santa Monica, California, USA. In addition, it has offices in Berlin, Dublin, Hongkong, Istanbul, Mexico City, Moscow, new york City, St. Louis, Seoul, Shanghai, Singapore, Sydney, Taipei and Tokyo.
Riot Games, as an independent game studio, was founded in 2006 by Brandon "Ryze" Beck and Marc "Tryn Damere" Merrill.
In 2008, Riot Games received $7 million in start-up capital from venture capital firms Benchmark Capital and FirstMark Capital.
In the second round of financing in 2009, Benchmark, FirstMark and Tencent Holdings invested another 8 million dollars.
20 1 1 In February, Tencent increased its holdings of Riot Games with a total transaction amount of16.79 million yuan, and its shareholding ratio increased from 22.34% before the transaction to 92.78%. Tencent subsequently announced that the transaction amount was $2,365,438 +0.465 million yuan. After the completion of the transaction, Riot Games became a subsidiary of Tencent, and the original founder and management team were still fully responsible and operated independently.
20 15 12 16, Riot Games mentioned through his blog that China Tencent has acquired all its shares, making Riot Games a wholly-owned subsidiary of Tencent.
References:
Baidu encyclopedia-League of Legends
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