Leaf assisted Red Accent, video game creator, to structure its deal with Taiwanese group HTC on Virtual Reality project.
The Shanghai-based Law Firm has negotiated the financing and contractual agreements according to which Red Accent will produce a Virtual Reality (VR) game on the HTC Vive Platform.
This deal is part of HTC’s Vive X accelerator program, which welcomes more than 30 new VR and AR startups to the fold with investments in North America and Asia.
In 2014, Leaf already assisted Red Accent in its multi-million funding operation with a major Chinese player in video game industry as lead investor for the launch of its activities in the USA and Asia.
About Red Accent
Red Accent is a game creator, with a strong track record on console, PC and Mobile. Based in Shanghai and San Francisco, the studio is currently working on game titles for mobile and Virtual Reality. Its team is made up of former developers and publishers responsible for titles like: EVE Online, NBA Online, Borderlands Online, BioShock, Civilization Revolution, XCOM:Enemy Unknown, Splinter Cell, Prince of Persia: The Sands of Time, etc. Management team members have more than 10 year experience on project development and management.
About HTC
HTC Corporation aims to bring brilliance to life. As a global innovator in smart mobile devices and technology, HTC has produced award-winning products and industry firsts since its inception in 1997, including the critically acclaimed HTC One and HTC Desire lines of smartphones. HTC is listed on the Taiwan Stock Exchange.
For further information :
Jean-Philippe Engel & Bruno Grangier
b.grangier@leaf-legal.com
jp.engel@leaf-legal.com