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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

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