Peter Yip has stepped down as CEO of CDC Software, the company’s enterprise software and services subsidiary, to assume the role of CEO of CDC Games, the company’s China-based online game subsidiary.
Yip explained: “My primary focus will now shift to CDC Games. We now have many partners aligned with us and we have a very strong pipeline of new, highly anticipated games for 2007 and beyond. It is very important that we satisfy that anticipation and capitalize on our significant base of over 46 million players and our opportunity in one of the world’s largest games markets.
"Our key priorities include successful expansion beyond games publishing into full games development and licensing, which we initiated with CDC Games Studio earlier this year. I will also be focused on enhancing the CDC Games management team with the talent and experience needed to support our goals for rapid portfolio expansion and geographic growth.”
CDC Games was formed in 2005. A few weeks ago the company announced it was to invest AUS$4m in Auran’s Fury.