Chinese Internet firm buys into wireless games
"Tom Online, a Chinese wireless Internet company, said Friday that it will buy a majority stake in Indiagames, a mobile-game specialist.
Tom Online will acquire 80.6 percent of Indiagames' equity for $17.7 million, the companies said. The rest of the stake will be held by Indiagames' founder, Vishal Gondal, and key management staff. "