Shanda Games acquires platform-related affiliates in deals totaling $811M

|By:, SA News Editor

Shanda Games (GAME) -7% premarket after agreeing to acquire affiliates providing user and payment platform services from its parent company Shanda Interactive Entertainment for a combined $811.5M.

GAME says the moves will strengthen its mobile strategy.

Other players in Chinese gaming: SOHU, RENN, NTES, PWRD, GA.