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.

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Odiah4268d ago

EA buying anything can never be good.