Sony is allegedly planning on a bid for Hon Kong-listed gaming company Leyou Technologies, a major stakeholder of developers Digital Extremes and Splash Damage, the latter of which developed Gears Tactics.Per Bloomberg, the massive acquisition would see Sony acquire multiple popular free-to-play titles which include the successful shooter Warframe, and an upcoming Lord Of The Rings MMO.Leyou Technologies confirmed in May that it had received a non-binding buyout offer from Shenzhen-listed Zhejiang Century Huatong Group, and other bidders including iDreamSky Technology Holdings.It is also worth noting that the bid is being helmed by Sony Corporation itself, and not its Sony Interactive Entertainment (SIE) division, although the Bloomberg.
Read more on nme.com