Nixon announced on Tuesday, she bought 1717 home for nearly $ 100 million at an average price of $ 58226 each after the fees.
The company indicated that investment represents less than 2% of total cash and cash equivalents available.
Where Owen Mahoney, President and CEO of Nixon, said that our purchase of Peking reflects a disciplined strategy to protect the value of shareholders and maintain the purchasing power of our cash assets. In the current economic environment, we believe that Petquin provides long-term stability and liquidity while maintaining our money for future investments.
"The Nixon investment comes in the wake of a wave of large Petquin provisions from the world's leading companies, where Microsoft began this trend in August 2020 when he bought 21,000 Petscin for $ 250 million, Followed by Square by buying $ 50 million in October, Ssella invested $ 1.5 billion at the end of 2020.
"According to Petition of Tharz, 35 companies listed on the stock market are currently retaining in Begeto in their balance sheets.
"The Nixon was founded in 1994 and describes itself as producing, developing and operating games and virtual worlds on the Internet.
The company has been subtracted for public subscription at the Tokyo Securities Exchange in December 2011, and is currently running more than 50 online game that can be played in more than 190 countries.
