hi5 Acquires Social Gaming Company Big Six

Discussion in 'Growing and Managing a Business' started by realitybites.in, Feb 25, 2010.

  1. realitybites.in

    realitybites.in
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    SAN FRANCISCO, CA--(Marketwire - February 24, 2010) - hi5, the largest social entertainment site focused on gaming, today announced the acquisition of social gaming company Big Six. The Austin-based company was founded by gaming veterans Kevin Gliner, Monty Kerr and Chad Hansing, all of whom will join the hi5 management team, as announced separately today.
    The deal enhances hi5's growing leadership in commerce for virtual goods and games. Building on hi5's current commerce platform, which includes a global virtual currency called hi5 Coins, support for over 60 payment methods worldwide, and new advertising-based transactional capabilities -- the Big Six acquisition brings significant new technology and software platforms in the areas of payment processing, fraud detection and conversion optimization. In addition to its proprietary commerce platform, Big Six also designed a social gaming platform which will become part of the core hi5 site.

    http://www.marketwire.com/press-release/hi5-Acquires-Social-Game-Developer-Big-Six-1122069.htm
     
  2. Fergal

    Fergal
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    I sometimes wish I was a gamer, there's huge money in the gaming industry and it appears to be going from strength to strength, regardless of the recession.
     

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