Xfire Changes Ownership, Purchased by Titan Gaming
By Tim Hage on Aug 3rd, 2010 at 11:34AM
An announcement was released through the Xfire chat client stating that the company was under new ownership and that the original development and management team behind it would be leaving. However, the announcement gave no information as to the new owner or what (if any) changes we would see for the near future.
Finally, information released that Titan Gaming (with an announcement on their own homepage) acquired the company for an undisclosed amount of money, but judging by the $100+ million that Viacom paid for Xfire back in 2006, it’s safe to say that is was a lot of money this time around. With little else to go on, we were left with the following news post from Xfire’s homepage:
“Titan will be taking on the Xfire name, with a focus towards ongoing innovation in the gaming space. The Xfire services will continue uninterrupted for its users. Xfire redefined how gamers communicate, Titan intends to build upon this tradition and utilize the Xfire platform to help gaming companies better engage their users. We look forward to continuing and expanding upon the Xfire service.”
