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: GamePolitics.com

China?s Shanda Buys Korean Developer, Links up with CNTV

By pete_gallagher

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Chinese online game operator and developer Shanda Games is apparently enjoying the fruits of operating in a near recession proof industry, as it has snatched up a Korean developer and entered into an alliance with China Network Television (CNTV).

Shanda announced its intention to gobble up Eyedentity Games for around $95 million U.S. Eyedentity was described as 'a private developer of online games with over 100 game developers.' Its latest game, Dragon's Nest, was released around the world and  billed as being 'one of the most successful new online games in China this year.'

Shanda said that the deal would strengthen its international presence.
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Full post as published by GamePolitics.com on September 09, 2010 (boomark / email).

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