The acquisition plan of Shengda's $2 billion "Fengyun Plan" has been launched.

by stephenzhai on 2007-07-09 15:47:41

Last Friday, after Shanghai Shanda Technology formally announced the acquisition of domestic game development team Jintian Technology, the investment department of Shanda was overwhelmed with a flood of phone calls.

A large number of domestic original games and teams almost broke the threshold, making Shanda Technology temporarily unable to handle the situation. This also led Shanda to exceptionally hold a special discussion during the senior management meeting every Friday afternoon. After the extended discussions on Friday afternoon and over the weekend, Chen Tianqiao, President of Shanda, decisively made a decision to launch an acquisition campaign named "Fengyun Plan".

Shanda Technology will prepare 2 billion yuan in cash, specifically for market acquisitions, mainly targeting successful market-operated games with potential and their production teams.