One of the world's most successful independent game studios, Ontario-based Digital Extremes was founded in 1993 is well known for such titles as Epic Pinball, the Unreal franchise, and, most recently, its highly popular free-to-play action game, Warframe. Through subsidiaries, Hong-Kong based Leyou Technology Holdings and Beijing-based Perfect World acquired a majority stake in the company. Leyou Holdings, listed on the Hong Kong stock exchange, is a holding company currently diversifying its businesses by entering the video game industry. Perfect World Co., Ltd. is a leading online game developer and operator, primarily developing online games based on proprietary game engines and game development platforms.
We are grateful to Corum for ensuring we came together with the right partner who shares our vision of the growth of our business and the industry.