Acquiring Company
Kaiying Network
Acquired Company
Neosphere Limited
China
South KoreaGamingPublishingGamingVideo GamesDescription
Kaiying Network announces its plan to acquire 49% equity of Neosphere Co., Limited through its subsidiary. This acquisition positions Kaiying to strengthen its control over the Legend IP rights in collaboration with Wemade. The transaction marks a significant shift in ownership dynamics within the gaming industry. The move is seen as a strategic effort to consolidate IP rights in the market.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Neosphere Limited?
Neosphere Limited was acquired by Kaiying Network, based in China. The deal was reported on September 13, 2026. Kaiying Network is a prominent Chinese gaming company known for its development and publishing of online games. It has a strong presence in the mobile and web gaming sectors. Kaiying Network is privately held and operates in Gaming.
When did Kaiying Network acquire Neosphere Limited?
Kaiying Network's acquisition of Neosphere Limited was reported on September 13, 2026. Kaiying Network announces its plan to acquire 49% equity of Neosphere Co., Limited through its subsidiary. This acquisition positions Kaiying to strengthen its control over the Legend IP rights in collaboration with Wemade. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Neosphere Limited do?
Neosphere Co., Limited is a South Korean company involved in the gaming industry, focusing on the development and management of gaming intellectual properties. It has been involved in legal disputes regarding ownership of various gaming rights. It is privately held, operating in Gaming, and is based in South Korea.
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