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Shanda Interactive

China's Shanda to Spin-off Games Unit in Nasdaq IPO

Authored by Mark Hefflinger on September 4, 2009 - 5:27am.
Shanghai - China's Shanda Interactive Entertainment (NASD: SNDA) this week announced plans to spin-off its games unit with an initial public offering (IPO) on the Nasdaq. Reuters reports that the company aims to raise as much as $800 million in the offering, proceeds from which will be used to fund acquisitions and joint ventures, and for capital expenditures.
tags: Games | Deals | China | MMOG | IPOs | Shanda Interactive |

Shanda Invests in Two Chinese Online Game Communities

Authored by Mark Hefflinger on December 2, 2008 - 9:47am.

Shanghai - Chinese online games purveyor Shanda Interactive Entertainment said that its Shanda Games unit has made investments in two online gaming community operators, Shanghai Wei Lai and Shanghai Cai Qu.

tags: Games | Deals | China | Investments | Shanda Interactive |

THQ, Shanda to Develop Online Version of "Company of Heroes"

Authored by Mark Hefflinger on July 19, 2007 - 3:21pm.

Agoura Hills, Calif. - Video game publisher THQ on Thursday announced an agreement with Chinese online game operator Shanda Interactive Entertainment, to co-develop and publish an online-only version of Relic Entertainment's "Company of Heroes" game. "Company of Heroes Online" is slated for release in mainland China in 2008; THQ and Shanda said they will share benefits of the game's potential release outside that region.  
tags: Games | THQ | MMOG | Company of Heroes | Shanda Interactive |