Report: Apple Close to Buying Chinese Game Developer

Apple is close to reaching a final agreement to purchase Handseeing Information Technology Co., Ltd., a Chinese game developer and online gaming services provider, according to a report from SinoCast. If true, the purchase would give Apple additional resources in developing both games for its iOS platform, as well as related gaming services infrastructure.

SinoCast reported the deal was in the neighborhood of US$150 billion, but a report from Chinese daily newspaper GlobalTimes reported the purchase price as being just under $150 million, a more realistic figure.

Handseeing was launched in 2005, and the company has worked with Sun and other companies to develop Java-based Rich Internet Applications (RIA). The company’s resume includes developing RIAs for Tianya Online, a social network in China.

Other companies have expressed an interest in Handseeing, including Foxxconn, one of Apple’s manufacturers, and SinoCast said those other parties have “added uncertainty” to the deal with Apple.

Thanks to MacRumors for the heads up on the article.