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Shanda Interactive Entertainment Limited, incorporated in the Cayman Islands (“Shanda” or the “Company”) (Nasdaq: SNDA), a leading interactive entertainment media company in China, today announced that its Board of Directors has received a preliminary non-binding proposal letter from Mr. Tianqiao Chen, Chairman of the Board, Chief Executive Officer and President of Shanda, to acquire all of the outstanding ordinary shares of the Company not currently owned, legally or beneficially, by Mr. Tianqiao Chen, his wife Ms. Qianqian Luo, who is also a non-executive director of Shanda and his brother Mr. Danian Chen, who is also the Chief Operating Officer and a director of Shanda (together, the “Buyer Group”), for US$41.35 per American Depositary Share (“ADS”) or $20.675 per ordinary share in cash. As of September 30, 2011, the Buyer Group controlled approximately 68.4% of the outstanding shares of the Company (excluding outstanding options of the Company).
Posts Tagged ‘Shanda’
Shanda Announces Receipt of Non-Binding Proposal to Acquire All Outstanding Public Shares at $41.35 per ADS in Cash
October 17th, 2011 
Eric Hong Shanda Games’ “Dragon Nest” was Recognized With Three Major 2011 Asia Online Game Awards
August 10th, 2011 daniel August 10, 2011 Shanda Games Limited (“Shanda Games”) (Nasdaq: GAME), a leading online game developer, operator and publisher in China, announced today that one of its leading games, Dragon Nest, received “China Most Popular Online Game Award”, “Asia Best Design Award”, and “Asia Best Technology Award” at the Asia Online Game Awards Ceremony organized by [...]
Neoact to announce China’s operator for Dota type Chaos Online on Chinajoy
July 25th, 2011 daniel Korean game company Neoact will join the 2011 Chinajoy with its Dota type Chaos online and announce China’s operator for the game. As Neoact’s third DotA online game after HON and LOL in China, Chaos OL adapts Warcraft3’s classic maps. Chaos OL has a large user base in South Korea. Now the game has more than 3 million players and hundreds of professional teams. Every year there are over 8 large e-sports competitions related to Chaos OL.
Shanda Games’ Winger Group will hold a press conference in Shanghai on July 26. Holdfast will announce some big news on the conference and it is believed it may have something to do with Chaos OL.
Chen Tianqiao: Grand Cloud was a decade in the making
July 25th, 2011 daniel On July 22, Shanda announced Grand Cloud’s open beta test in Shanghai. The platform’s products went online officially and Shanda has become the first cloud service provider offering a full product line in China.
“The Grand Cloud has been developed for ten years,” said Shanda’s CEO Chen Tianqiao, “Shanda’s development has always been based on cloud computing. We have created a new model by putting part of the program in our services and part in the users’. Though strictly speaking this is not cloud computing, we still believe Shanda has the gene of cloud computing since a very early time.”
“Now we have re-launched the platform after a technical transformation. We have invited cloud computing talents from Amazon and other companies to join our group.”
“We’d like to offer Grand Cloud and other platforms to innovative companies like us ten years ago. We hope they can achieve more success by stepping on our shoulders.”
Shanda Announced Cloud Computing Platform Called Grand Cloud’s Open Beta
July 22nd, 2011 daniel Shanda has announced Grand Cloud’s open beta test today. The platform’s products include cloud host, cloud storage, cloud hard disk, digital distribution and cloud monitoring. This model is similar to Amazon’s AWS (Amazon Web Services). The closed test of Grand Cloud was started on June 16.
Amazon’s AWS was released worldwide in 2006 and has hundreds of thousands of users in more than 190 countries/ regions. Last year, its income was $500 million and analysts predict it will reach 1 billion dollars in 2012. A lot of game companies have acquired Amazon’s AWS service, while Zynga has decided to build its own data center. Cloud computing is still at the initial stage in China. Sina and Alibaba are introducing their cloud computing services and Shanda is a new competitor.
Posted in mmo game company news, Related News 
Tags: Cloud computing, Grand cloud, Shanda, Shanda Games 
No Comments »Shanda Appoints Zhuge Hui as GameABC’s President
July 12th, 2011 Eric Hong Zhuge Hui, Shanda’s former spokesman and senior director in charge of the spread of corporate culture, was recently appointed as president of Shanda’s GameABC. In view of this, GameABC is deemed to prepare for its brand enhancement and future IPO. Last year, Shanda combined its chess/card games, board games and e-sports games and merged its Bianfeng (gameabc.com) platform with Haofang (cga.com.cn) platform to found GameABC.As a rival to GameABC, OurGame has continued dismissing its MMO team and returning to the chess/card game business since last year, in the hope of getting listed based on chess/card games.
Shanda will hold 2011ALLSTAR during Chinajoy: nine new online games debut
July 6th, 2011 Lucifer Shanda is currently discussed with several TV variety shows about cooperation,Shanda want to combine game with variety show. Last year’s ALLstar2010 take the form of a webcast.Shanda recently announced a “3A” strategy：All-Star, All-Platform and All-Region. ALLstar2011 will have more detailed information of this “3A” strategy
Posted in mmo game company news Tags: "3A" strategy, 2011ALLSTAR, DRAGON BALL, FF14, Shanda No Comments »Shanda Games will purchase iPhone game developers
June 22nd, 2011 Eric Hong The CEO of Shanda Games(Nasdaq:GAME) Qunzhao Tan announced Shanda have a plan to purchase iPhone game developers for expanding network game business in June 22.The CEO of Shanda Games(Nasdaq:GAME) Qunzhao Tan announced Shanda have a plan to purchase iPhone game developers for expanding network game business in June 22.
Posted in mobile game company news, moblie game capital marketing Tags: ios, iphone, Shanda, Shanda Games No Comments »Shanda invested tens of millions of RMB in Android appstore Goapk.com
June 15th, 2011 Lucifer Goapk is not a simple mobile community and it was mainly focused on Android field, it have a Android appstore 、BBS、develops community and media . Goapk was established in February, 2010 .According to the report, the android application is more than 100 million downloads until March of 2011 and a day have 1 million downloads.The team of Goapk is mainly from NetDragon’s 91.com (a mobile community, which announced has cooperated with Japanese social network DeNA in April) and hiapk.com.
