Magicgrids

SK Telecom Buys 30% Stake in Chinese Games Firm Magicgrids

Authored by Mark Hefflinger on May 19, 2008 - 7:23am.

Shanghai, China - South Korean wireless carrier SK Telecom has paid $7.8 million for a 30% stake in Magic Tech Network, a unit of Chinese online game company Magicgrids Networks, Pacific Epoch reported.