Perfect World (company)

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Perfect World Co., Ltd.
Native name
北京完美世界网络技术有限公司
Private
Traded as Formerly NASDAQPWRD
Industry Video game
Founded March, 2004[1][third-party source needed]
Headquarters Huzhou, China and Redwood City, California
Key people
Robert Hong Xiao (CEO)
Revenue Increase CN¥5.65 billion (2017)
Increase CN¥1.51 billion (2017)
Number of employees
4967
Subsidiaries Antaeus Cinema Line
Runic Games (defunct)
Cryptic Studios
Perfect World Entertainment
Website wanmei.com

Perfect World (Chinese: 完美世界; formerly 完美时空) is a Chinese video game developer specializing in MMORPGs. Perfect World was founded in 2004 by Chi Yufeng, the president of Human Software Corporation.[2] The company aims to develop and market games with Chinese characteristics. The company's initial public offering on the Nasdaq was completed in July, 2007.[3]

Perfect World is parent to the Seattle-based game developer Runic Games. In 2009, Perfect World entered into an agreement to publish Torchlight, an action-RPG in production by Runic Games worldwide and later bought a majority stake in Runic Games.[4]

On May 31, 2011, it was announced that Perfect World had acquired the American video developer Cryptic Studios from Atari for over $50 million.[5]

The company acquired the Chinese movie chain Antaeus Cinema Line in September 2016.[6]

Games developed[edit]

Perfect World Entertainment[edit]

Perfect World Entertainment is the company’s North American online games publisher specializing in immersive free-to-play MMORPGs. Founded in 2008, Perfect World Entertainment currently operates 10 titles.

Perfect World Europe B.V[edit]

Created in early 2010, in Amsterdam, Perfect World Europe focuses on localizing and operating massively multiplayer games in Europe. Currently, it has Jade Dynasty as well as Forsaken World in both French and German.[8]

Current games[edit]

Licensed games[edit]

Collaboration with Valve[edit]

On October 18, 2012, Valve Corporation announced an agreement granting Perfect World exclusive rights to market and distribute Dota 2 in mainland China. CEO Robert Hong Xiao stated that his company was "confident that adding this action strategy game to our diverse portfolio of games will bring additional world-class entertainment and premier gaming experiences to our players in China."[9]

On 25 February 2016, Perfect World hosted Dota 2's Shanghai Major. While the tournament itself was well received in regards to the player performances, the event garnered criticism due to delays on stream, spotty broadcasts and various other problems within the tournament, including the theft and deterioration of the competing teams' equipment.[10] In the month that followed the event, the president of Perfect World, Yunfan Zhang, apologized for the issues with the event.[11]

On September 24, 2017, Valve announced on the Counter-Strike blog that Perfect World would also be distributing Counter-Strike: Global Offensive in the Chinese market through the company's service.[12]

References[edit]

  1. ^ "Milestones". Perfect World Corporate. Perfect World. Retrieved 18 December 2015. 
  2. ^ IGN. Beijing Perfect World Co. Ltd
  3. ^ AP. Perfect World shares surge in debut[permanent dead link]. July 26, 2007.
  4. ^ "Perfect World Enters into Publishing Agreement with Runic Games" (Press release). Perfect World Co., Ltd. 2009-04-22. Retrieved 2009-04-23. 
  5. ^ http://massively.joystiq.com/2011/05/31/perfect-world-acquires-cryptic-studios/
  6. ^ Frater, Patrick (September 7, 2016). "China's Perfect World Buys Antaeus Cinema Chain". Variety. Retrieved September 7, 2016. 
  7. ^ Romano, Sal (2015-09-19). "Final Fantasy Type-0 Online announced for PC and smartphones". Gematsu. Archived from the original on 2015-09-19. Retrieved 2015-09-19. 
  8. ^ "Archived copy". Archived from the original on 2011-07-01. Retrieved 2011-02-01. 
  9. ^ "Archived copy". Archived from the original on 2012-10-21. Retrieved 2012-10-21. 
  10. ^ http://steamed.kotaku.com/disastrous-dota-2-tournament-ends-with-missing-gear-pi-1763412162
  11. ^ "Perfect World apologises for Shanghai Major mess". Retrieved 2016-10-04. 
  12. ^ http://blog.counter-strike.net/index.php/2017/09/19277/

External links[edit]