China’s Sohu Seeks Games Consolidation With $500 Million Bid for Changyou

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China’s Sohu Seeks Games Consolidation With $500 Million Bid for Changyou
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Sohu, one of China’s Internet pioneers, is offering to buy out its games subsidiary Changyou in a deal that values Changyou at $532 million. Both companies currently have their shares listed on NAS…

Sohu, one of China’s Internet pioneers, is offering to buy out its games subsidiary Changyou in a deal that values Changyou at $532 million. Both companies currently have their shares listed on NASDAQ, but if the deal goes ahead Changyou would lose its separate stock listing. Sohu, which has interests covering search, digital advertising and [...]Lenovo has once again teamed up with Disney to bring one of the studio’s iconic franchises to augmented reality .

“Frozen” fans will soon be able to get their hands on a new puzzle-matching adventure game featuring Anna, Elsa — and, of course, Olaf — set for release this fall. The “Frozen Adventures” game, aimed at both kids and adult fans of the animated franchise, is based on Walt Disney Animation Studio’s “Frozen” and “Frozen [...]

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