Rumor: Giant to Purchase Casual Game Development Team
CCID, 5/11/09
An industry source has stated that online game developer and operator Giant Interactive (NYSE: GA) plans to enter the casual gaming market shortly with the acquisition of an online casual gaming development team primarily involved in the white-collar and female gaming markets. Specific investment details were not mentioned.
Editor's Note: Later today, an employee of Giant Interactive confirmed the purchase news and revealed that the developer Giant will purchase is from Shanghai.
Keywords: M&A casual game female GA Giant Interactive Internet online gaming game developer