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Korean Game Firm Partners With The9
July 7, 2008 |
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Chinese online gaming firm The9 (NCTY) has signed an agreement with South Korea's T3 Entertainment to establish a joint venture to further strengthen their partnerships in the areas of game development and publishing.
Kee-Young Kim, T3's CEO, stated, "We are much excited to set up the joint venture with The9, which is already an important partner and strategic investor for our company. The joint venture will focus on developing top-notched and fine-tuned games for the Chinese market, and we believe it will prove to be a very strong alliance between the two companies whose resources and strengths well complement each other."
In addition to supporting the development of T3's Audition game series, the joint venture will develop online games targeting the international markets.
No details of the investment funds were issued by either party.
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