M&A Deal Summary

NetDragon Websoft Holdings Acquires Fujian TianDi Animation Technologies Co.

On May 7, 2010, NetDragon Websoft Holdings acquired software company Fujian TianDi Animation Technologies Co. for 10M USD

Acquisition Highlights
  • This is NetDragon Websoft Holdings’ 1st transaction in the Software sector.
  • This is NetDragon Websoft Holdings’ 2nd largest (disclosed) transaction.
  • This is NetDragon Websoft Holdings’ 1st transaction in China.

M&A Deal Summary

Date 2010-05-07
Target Fujian TianDi Animation Technologies Co.
Sector Software
Buyer(s) NetDragon Websoft Holdings
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

Fujian TianDi Animation Technologies Co.

Changle, China
Fujian TianDi Animation Technologies Co. Ltd. is a developer of digital animation software.

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Buyer(S) 1

Buyer

NetDragon Websoft Holdings

Fuzhou, China

Category Company
Founded 1999
Sector Digital Media
Employees3,408
Revenue 6.0B CNY (2024)
DESCRIPTION

NetDragon Websoft Holdings is an innovator in online gaming and mobile internet application industries, as well as developing online education, enterprise information systems and VR industry. NetDragon Websoft Holdings was founded in 1999 and is based in Fuzhou, China.


DEAL STATS #
Overall 1 of 5
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 5
Country: China M&A 1 of 3
Year: 2010 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-14 91 Wireless Websoft Limited

Fuzhou, China

91 Wireless is a mobile app marketplace and mobile game operator in China. 91 Wireless mainly engages in the development and operation of two leading smartphone app distribution platforms in China, namely 91 Assistant and HiMarket, community websites, 91 Launcher, 91 Panda Reader, as well as other popular products for smartphone users.

Sell $1.9B