VTC Online has signed a three-year contract to sell the copyright of two online games in ten European and Latin American nations to Nvia – a Spanish company.
Under the contract, Nvia has the right to issue VTC Online’s two games, namely Squad and Generation 3 (G3), in Spain, Mexico, Argentina, Chile, Colombia, Venezuela, Peru, Brazil, Ecuador and Paraguay.
Apart from payment for the copyright, Nvia will be responsible for sharing its revenues with VTC Online, while the Vietnamese party will be in charge of developing these products and regularly providing updated versions.
VTC Online Director Tran Phuong Huy said that the export of online games to Europe and Latin America has paved the way for introducing Vietnamese games to the international market, and reflects VTC Online’s shifting to exporting games.
VTC Online is an arm of the Vietnam Multimedia Corporation. Nvia Company was established in 2001 in Spain, headquartered in Madrid. It has branches in many countries like Argentina, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela.