Mochi media

Thomas Lindgren <>
Tue Jan 12 20:29:20 CET 2010


Congrats to Mochi Media!


BEIJING—Chinese online game developer Shanda Games Ltd. agreed to 
acquire U.S. online game network Mochi Media in a deal valued at $80 
million, furthering its global expansion ambitions.
Under the 
deal, which the companies expect to announce Tuesday, San 
Francisco-based privately-held Mochi will receive $60 million in cash 
and $20 million in shares of Shanda Games, a Nasdaq-listed, 
Shanghai-based company known for creating some of China's most popular 
massive multiplayer online games.
http://online.wsj.com/article/SB10001424052748704081704574653430020773954.html

Best,
Thomas


      


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