Beijing time April 1 morning news, according to "Business Weekly" online version of the report, Microsoft's acquisition of social networking site game developers Crowdstar negotiations have broken down. Crowdstar is a developer of many Facebook games, and Microsoft offers more than $200 million. The source said that after two months of high-level negotiations, Crowdstar's founder and chairman Pitt Ley Blue (Peter Relan) that Microsoft's conditions will limit the company's development. It is reported that Crowdstar company is the virtual pet game "Happy Aquarium" developers, the company is currently negotiating with other potential buyers. Appdata.com, a social networking application research firm, said Crowdstar was Facebook's sixth-biggest game developer, with a monthly user capacity of 48.7 million. Facebook is a popular game, and last year EA Gaming company bought 400 million of dollars for developers of games such as Playfish, Pet society and the city of restaurants. David Dennis and Microsoft spokeswoman David Dennis declined to comment. ThinkEquity, the US investment consultancy, predicts that games on social networking sites such as Facebook and MySpace will grow twice times to $2 billion by 2012. Sales of the US Wii, Xbox 360 and PlayStation 3 were down 9.8% last year, a stark contrast to the growth of social-networking games, according to NPD, the North American market research firm. Games on social networking sites such as Facebook and MySpace are free, and game developers profit by selling virtual items in the game. MSN Games is a Microsoft department that offers more than 1000 online games, including Gems Bejeweled, mahjong tiles and spades card games. The MSN site's rivals are Yahoo and AOL. Microsoft offers Xbox Live online gaming service with a whopping 23 million users, who can also log in to Facebook accounts through the service. Phil Spencer, vice president of Microsoft's gaming department, said last July that the company intends to develop more online games and community games Fille Spencer. (Chin Liang)
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