SOE bought out for $300M, being moved to India

This deal makes none

Looks like SOE will be packing up and heading to India:

Zapak Digital entertainment, the online gaming company promoted by Anil Ambani-led ADAG group, is all set to buy out Sony Online Entertainment (SOE) for around $300 million (Rs 1,200 crore).

According to sources close to the development, the deal will be finalised within the next few days. Sony Online was on the block for the past two weeks and Zapak, which has been looking for acquiring international studios, is finally said to have reached a consensus over the valuation of Sony Online.

"The deal is almost through. It is in the final stages of negotiations and by next week, Zapak will have a full right to all content, owned and published by Sony Online," sources told SundayET.

Here's the best part:

The major expenses in the gaming industry is on content and marketing, and Zapak aims to reduce the cost of publishing a game by buying out those studios and relocating them to India.

I hope you like the next patch to SWG:

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Dear god. If this is true, it hit me upside the head like a bag of bricks. I never saw this one coming. Honestly. But thank god its fake. :P