CondorGame Receives RMB 15 Mln from Linekong

17173.com, 8/04/09

Beijing-based online game operator CondorGame has confirmed it won RMB 15 mln in strategic investment from Linekong, another Chinese online game developer and operator. CondorGame board chairman Kong Xiangfeng said that CondorGame will obtain full technical operations support and platform use from Linekong, and all products developed by Linekong's four studios will be fully open to CondorGame's network. The two companies' technical and operations teams will hold regular meetings to exchange ideas and assist one another. Additionally, CondorGame's prepaid game card payments and advertising purchases will be fully merged into Linekong's systems.

Linekong board chairman and CEO Wang Feng said that CondorGame is the first game operator in which Linekong has made a strategic investment.

Keywords: CondorGame M&A Linekong game developer game operator Wang Feng game card Internet Kong Xiangfeng investment online gaming

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