Atlus recently sold C&C Media, part of their online effort to Beijing online game operator Perfect World for $21 million. Once the transaction is completed, C&C Media will become a fully-owned subsidiary of Perfect World.
According to a Gamasutra report, the majority of Perfect World’s revenue comes from domestic operations. With the C&C acquisition, they hope to expand into the Japanese online games market.
The sale, however, doesn’t mean Atlus are abandoning their plans for online expansion. The Atlus Online division still exists, and in November of last year, the company acquired Gonzo Rosso Online KK, who are responsible for operating online games in Singapore and Malaysia. One of their games is a Tower of Druaga MMO.