Tencent Holdings Ltd. to Buy Supercell
Beijing: Tencent Holdings Ltd., one of the
biggest Chinese gaming group to acquire 84.3% stake in Finland based Supercell via a wholly-owned consortium,
which includes all of SoftBank’s stake of 72.2%.
The
acquisition of Supercell would be one of the biggest deal valued at USD8.6
Billion in gaming industry. Supercell is a maker of Clash of Clans game, which
is the highest grossing war strategy game, worldwide. After the acquisition,
Supercell current management would remain in Finland, and would continue to
enjoy their operational independence.
TechSci
Research depicts that with growing technology advancement such as emergence of
Virtual Reality based Head-Mounted Displays (HMDs), rising number of
smartphones and tablet users, growth in number of mobile internet users,
increasing penetration of 3G/4G network, rising market for mobile gaming, and
so on would emerge as key factors which would drive the growth and market for
gaming industry in the coming years across the world.
United
States is one of the biggest market for gaming and entertainment market as well
the country is also one of the leading market for augmented and virtual reality
technology and devices. According to the recent report released by TechSci Research, “United
States Augmented Reality and Virtual Reality Market Forecast
and Opportunities, 2020”,
the market for augmented reality and virtual reality in the United States is
projected to grow at a CAGR over 37% during 2015-2020. Growing adoption in
automotive, pico-projectors, and gaming & entertainment industries, for
display of information, along with facilitation of real-time human interaction
with objects and digital devices, are anticipated to be the major growth
drivers for United States augmented reality & virtual reality market over
the next five years. The market is segmented into Head-Mounted Display (HMD)
products, Head-Up Display (HUD) products, smart glasses, and handheld device
applications, wherein HMD products held the largest revenue share in 2014.