RockYou Denies Shanda Acquisition Rumor
Sohu IT, 7/30/10
Jia Shen, CTO of US-based social game developer RockYou, denied rumors that the company will be acquired by Chinese online gaming company Shanda Interactive (Nasdaq: SNDA), but said the two firms may become partners.
Shen added that RockYou will establish a Beijing office by the end of the year, and is currently recruiting personnel.
Editor's Note: For more background on this topic, please see "Rumor: Shanda to Acquire Social Game Developer RockYou" MD 4/30/10 issue.
Keywords: HR overseas online gaming Shanda Internet SNDA Rockyou social game Jia Shen M&A