Leyou Technologies paid $10m for a 20% stake in game studio Certain Affinity and has an option to acquire it for up to $150m in 2021.
US-based video game developer Certain Affinity has received a $10m investment from China-based game publisher Leyou Technologies Holdings in return for a 20% stake in the company.
The deal includes an agreement to develop a game funded by a loan of up to $15m from Leyou, with the money to be recouped through revenue generated from the game’s sales.
Leyou also has an option to purchase all remaining shares of Certain Affinity in 2021 for a valuation that will be…
