Japanese Distributor Invests in Engage Games

Engage Games Online, spun off by Interplay Productions two months ago, said Wednesday that Softbank Holdings Inc. has bought 20% of the company for an undisclosed price.

Softbank, Japan’s largest distributor of computer software and peripherals, will get a seat on Engage’s board of directors. Other terms weren’t disclosed.

Engage expects to launch an extensive interactive game site later this year on the Internet and through online services.