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VIACOM Acquires Xfire

post #1 of 5
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We are very pleased to announce that Xfire has entered into an agreement to become a wholly-owned subsidiary of MTV Networks. What does the acquisition mean to you? It means that Xfire is now backed by one of the world's leading creators of programming and content across all media. It means that Xfire will continue to grow and enhance your gaming experience. Xfire was created by gamers, for gamers. We will always remain committed to improving gaming with your friends. MTV Networks shares this vision with us, and they will help us to continue building Xfire into a larger and more exciting community, one passionate gamer at a time
Quote:
VIACOM has acquired the popular gaming messenger Xfire. Under the agreement, Xfire will be completely owned by MTV Networks. Xfire Inc. will receive $102 million in exchange. The Xfire team claims the recent acquisition will allow them to build a larger community while remaining committed to improving your gaming experience. Xfire's frequent updates, which occur a few times a month will be carried over with the MTV acquisition
http://www.tgdaily.com/2006/04/25/xf...red_by_viacom/
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post #2 of 5
MTV, thats a little odd that they want a part of that company...

nice find though!
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post #3 of 5
hmmm interesting...

Xfire is becoming the gamers IM from what I am seeing.

I just hope they let it alone and don't try to commercialize it.
post #4 of 5
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Originally Posted by todd_beedy
hmmm interesting...

Xfire is becoming the gamers IM from what I am seeing.

I just hope they let it alone and don't try to commercialize it.
It is already commercialized, all over sites and has their own advertisement banner on the top, its commercialized haha
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post #5 of 5
If you think that's a weird purchase for them, Viacom also owns www.neopets.com.

They're a huge corporation.
    
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