Atlus sells web games operator C&C Media

Perfect World acquires online platform in $21m expansion
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Online studio Perfect World has purchased web games operator C&C Media from developer-publisher Atlus for roughly $21 million.

C&C Media was founded 2001 and operates Mk-Style, a games website.

China-based Perfect World’s current online titles include MMO role playing games Perfect World, Legend of Martial Arts, Zhu Xian, Chi Bi, Battle of the Immortals; and an online casual game Hot Dance Party.

International licenses have been acquired on many titles.

The news of the purchase comes in the wake of Perfect World rival The9 investing $20 million in U.S.-based Red 5 Studios.