Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Giant, Huayi Brothers to Co-Operate King of Kings III

Giant PR, 12/07/10

Chinese gaming company Giant Interactive (NYSE: GA) has announced that it has entered a binding framework agreement with Huayi Brothers (300027.SZ) to co-operate Giant's self-developed 3D fantasy MMORPG King of Kings III.

After the transaction is completed as defined by the framework agreement, Giant and Huayi Brothers will jointly own a new entity called Beijing Huayi Giant Information Technology Co., Ltd., which will obtain the intellectual property of King of Kings III and its development team from Giant. Huayi Brothers will become the majority shareholder, while Giant and the development team of King of Kings III will become minority shareholders of the joint venture.

Editor's Note: For more background on this topic, please see "Rumor: Giant, Huayi Brothers to Partner on Online Gaming" MD 12/07/10 issue.

Keywords: Huayi Giant Information Technology Giant Interactive King of Kings III online gaming Internet MMORPG GA Huayi Brothers self-developed game 3D game JV 300027.SZ

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports