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Apple to Purchase Chinese Game Developer Handseeing?
As US-based Apple Inc. is close to making the purchase of Handseeing Information Technology Co., Ltd., a mobile Internet service provider and a mobile game developer in China, for as much as USD 150 billion, the emergence of more potential buyers has added to the uncertainty of the deal.
Apple's plan to take over the Chinese company underscores its mounting interests in China's potentially huge mobile Internet sector, which has been basically ignored by it for a long time.
Apple's potential reason for interest in Handseeing is unclear, although the company does seem to have some expertise in Java-based online gaming technologies. The company touts its partnership with Sun Microsystems, a relationship that Sun profiled (PDF) as Handseeing helped deploy new Java-based RIAs for Tianya Online, a social community centered around online gaming in China that has reportedly become one of the country's largest social networking forums.
A separate report from just a month ago indicated that Apple's manufacturing partner Foxconn was planning to acquire Handseeing.