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Korean dev Smilegate sells Crossfire rights for $500 million

Chinese online game developer The9 Limited has announced that its joint venture Oriental Shiny Star will purchase the rights to Crossfire 2 from Korean studio Smilegate Entertainment.

Chinese online game developer The9 Limited has announced that its joint venture Oriental Shiny Star will purchase the rights to Crossfire 2 from Korean studio Smilegate Entertainment

Smilegate will recieve an upfront payment of $50 million from Oriental Shiny Star, while additional payments amounting to $450 million will be made when certain development and operation milestones are met. 

The Korean developer will also receive royalty payments based on any future sales. 

According to Smilegate, Crossfire is one of the most played online FPS titles in the world, with over 6 million concurrent users and 400 million registered players worldwide. 

Crossfire 2 is being developed using a new game engine, and will feature a new PvE game mode as well as the traditional PvP offerings that made the first entry such as success. 

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