CDC Corporation, focused on enterprise software, mobile applications and online games, announced today that it has completed the internal restructuring of CDC Games and the online games publisher is now a direct business unit of CDC Corporation.
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CDC Games, a business unit of CDC Corporation and pioneer of the "free-to-play, pay-for-merchandise" model for online games in China, announced today it has signed a definitive agreement to make a strategic investment in MGame Corporation, one of South Korea's leading developers of online games including Yulgang, CDC Games' hugely popular licensed free-to-play game in China.
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CDC Games to Invest in Auran, Largest Online Games Company in Australia and Developer of "Fury" and "Battlestar Galactica" Online Games
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Joint Venture Formed to Launch First Mobile, Community-based Game that Combines User-Created Content, Strategy, Simulation and Popular Trading Card Game Elements, with Cross-Platform Connectivity
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Expansion Includes Creation of New Subsidiary to be Called CDC Games Studio, Focused on the Development of Online Games for Distribution in China and Around the Globe
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CDC Corporation, focused on enterprise software, mobile applications and online games, announced today that it has completed the internal restructuring of CDC Games and the online games publisher is now a direct business unit of CDC Corporation.
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CDC Games, a business unit of CDC Corporation, announced today it has signed a definitive agreement to make an investment of KRW 1.5 billion (approximately US$1.62 million) in Gorilla Banana. CDC Games will be the company's second largest shareholder and Peter Yip, CEO of CDC Corporation, will serve on the board of directors of Gorilla Banana.
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