17game

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.