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Rumor: The9 to Acquire ICE Entertainment

TechWeb, 1/16/10

Managers at online game firms The9 (Nasdaq: NCTY) and ICE Entertainment have denied reports today stating that The9 plans to fully acquire ICE Entertainment and its online gaming brand PlayCool.

ICE Entertainment, established in Shanghai in 2005, is headed by Sun Tao, who formerly worked as senior vice-president and chief technology officer of The9. ICE operates two games: Q-style MMORPG Dragonica and MMORPG Romance of Three Kingdoms Online.

Keywords: Sun Tao Ice Entertainment online gaming The9 Internet NCTY M&A

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