TOM Online

China's Tom Online Buys Majority Stake in Taiwan Blog Community Pixnet

Authored by Mark Hefflinger on March 26, 2007 - 8:46am.

Taipei, Taiwan - Cite Publishers, a unit of Chinese Internet firm Tom Online, announced that it will invest $3.25 million to acquire a majority stake in Pixnet Digital Media, which operates the Pixnet blogging community in Taiwan, DigiTimes reported.

China's TOM Group to Pay $200 Million to Take TOM Online Private

Authored by Mark Hefflinger on March 12, 2007 - 11:29am.

Hong Kong - Hong Kong-based digital media firm TOM Group announced on Monday that it will pay about $200 million to take its TOM Online mobile content distribution arm private.

China's TOM Online Pays $17 Million for Stake in Mobile Firm Indiagames

Authored by Mark Hefflinger on December 17, 2004 - 9:00am.

Hong Kong -- Chinese wireless Internet provider TOM Online announced on Friday that it has acquired an 81% stake in mobile game developer Indiagames for $17.7 million. The company purchased shares from Infinity Ventures, IL&FS Investment Managers, and Indiagames' management team -- which will remain intact and retain the remaining 19% stake in the company. Founded in 1999, India-based Indiagames has developed mobile games based on Hollywood properties including "Spider-Man," "Predator," "Buffy the Vampire Slayer," "Jurassic Park" and "The Mummy." The company distributes its games through over 100 mobile operators globally. TOM Online said the deal will establish its presence in the mobile games markets in India and China.