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stakeholder shenanigans

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stakeholder shenanigans

China's The9 Acquiring Stake in Korea's G10

The9, a Chinese company best known for operating the Mainland license of World of Warcraft, has bought a minority stake in Korean Company G10. G10 developed the popular Audition titles; under the terms of the agreement, The9 will get the stake for a cash investment of $38 million USD. G10 execs seem to be pleased they'll have more formal ties to a big Chinese player (and a nice little cash infusion), and The9 will hopefully get better support for G10 products. Hopefully this deal won't go down in flames like a couple of other Chinese-Korean deals I can think of. Full release after the jump. More »

12:30 PM on Sat Apr 26 2008
By Maggie Greene
596 views, 6 comments

Latest by Sparx: "9...10...a big fat hen. Thy name is Bender" more »