Pankaj80. Universal Space Amusement
Headquarters: Los Angeles, California
Bought By: Songcheng Performance Development
Headquarters: Hangzhou, Zhejiang, China
Universal Space Amusement (UNIS), a leading manufacturer of amusement machines, is headquartered in Hong Kong. Though technically not an American company, it has a substantial presence and influence in the American amusement market. In 2012, UNIS expanded its reach in North America by acquiring a significant stake in Family Fun Companies, an Illinois-based manufacturer of amusement devices.
This acquisition accentuates China’s ambition to extend its footprint in the global entertainment industry. Through strategic investments like these, Chinese companies aim to leverage American expertise, market presence, and branding to elevate their own profiles and competencies in the competitive amusement industry.