Guangzhou-based Optisp has disclosed to the media that China.com, a majority-owned business of CDC Corporation (CHINA), will acquire their online games department in Shanghai at the end of this month.

Ye Keyong, head of CDC Games, told local media last Friday that they would invest US$300 million to expand their games service by acquisition and plan to have the games company listed in the second quarter of 2008.

Optisp was set up in February 1999 and it began to enter the online games market in March 2003. At present it owns five businesses of online game operations, wireless operations, software development, Optisp data center and product marketing and has had eight branches across China that are respectively located in Beijing, Shanghai, Guangzhou, Wuhan, Xi'an, Jinan, Chengdu and Shenyang.