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Submitted by CAPS LOCK 1766d ago | news

Electronic Arts to buy stake in The9

Electronic Arts Inc. has reached an agreement with The9 Ltd. to buy a 19 percent stake in the Chinese online game operator for about $200 million, a local newspaper said on Saturday.

EA, the world's top video game publisher, and The9 have reached a basic agreement, Shanghai Securities News reported.

A representative from The9 was not immediately available for comment.

Shanghai-based The9 also obtained the exclusive right to run EA's casual game FIFA Online in China at the end of March, the newspaper added. (FIFA 08, Fight Night Round 3, Industry)

Credit url: kotaku.com
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