QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) to Acquire Mobile Game Developer Fuzhou Csfctech
Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, has signed a definitive agreement for the acquisition of 51% of Fuzhou Csfctech Co. Ltd. The agreement also includes Csfctech’s two subsidiaries. A developer and distributor of mobile games in China, Csfctech offers more than 100 games on several platforms. The company has an operation center in mainland China and an international user base across mainland China, Japan, Taiwan, the United Arab Emirates and Africa. The acquisition is expected to close by the end of the year. "This is a milestone agreement for…