Business

Perfect World Makes Strategic Investment In Chinese Game Developer

Chinese game operator Perfect World (PWRD) has announced a strategic investment in Chengdu Seasky Digital Entertainment.

Perfect World says it will spend US$3 million for an undisclosed minority stake in Seasky, who developed a popular 2D turn-based massive multiplayer role-playing online game called "Heavenly Sword and Dragon Sabre".

"I believe Seasky will be a great partner due to its research and development capabilities and solid future potential," commented Michael Chi, chairman and CEO of Perfect World. "Pursuing strategic partnerships and alliances has always been one of our core strategies. We are committed to effectively executing this strategy and to delivering solid results for our shareholders."

Perfect World primarily develops 3D online games based on the proprietary Angelica 3D game engine and game development platform. The company's current portfolio of self-developed 3D online games includes 3D MMORPGs: "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," and "Chi Bi;" and a 3D casual game: "Hot Dance Party."

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