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Chinadotcom Invests $3.2 Million in Chinese Game Developer 17game

Authored by Mark Hefflinger on September 7, 2004 - 5:19am.
Hong Kong -- Chinadotcom Corporation, an enterprise and mobile software developer, announced on Tuesday that it has made a $3.2 million investment in online game developer Beijing17game Network Technology (17game). The company's HongKong.com unit has also acquired a small minority interest in 17game, with the option to ultimately acquire 100% of the company. The funding will be used as working capital for 17game, which is currently developing "Travia," a 3D fantasy massively multiplayer online roleplaying game embedded with 3D EAX sound effects. The company expects to open beta testing in October and launch "Travia" by the end of the year.
tags: Invests | Chinadotcom | Chinese Game Developer | 17game |