- |DSA|MaxPayne wrote:
- http://titanplatform.com/2010-08-19-titan-gaming-takes-xfire-off-viacoms-hands.php i just received message from [WF] wich contains that link, read the sad news
that message below was posted year ago but the Xfire still continues.
lets try to read the message"
Titan Gaming Takes Xfire Off Viacoms Hands August 19th, 2010 -
Press Xfire, the social network for gamers that was acquired by
Viacom for
$102 million back in 2006, has a new owner. The buyer is
Titan Gaming, a small company that raised a mere
$1 million in angel funding to date, so we’re making an educated guess here and going to assume
that it was sold for a song compared to the price Viacom paid a couple
of years ago.
In a message posted on the Xfire website very recently (via
Kotaku), it looks like most of the development team is not sticking around:
August 2, 2010–Xfire has been purchased by another
company. Most of the team that has brought you Xfire for the last 6
years is leaving, including me. We’ve enjoyed our time and I personally
am sad that I was only able to do 127 releases. Good bye and game on!
The message comes from someone named ‘Chris’ – most probably
Chris Kirmse, Xfire founder and VP of Engineering. Krimse was once Senior Engineer of Yahoo Games –
said to have built the Yahoo FIFA system – before creating Xfire back in 2003.
Xfire is a free service that enables gamers to interact with each
other coupled with a tool that automatically keeps track of when and
where gamers are playing PC games online. It works regardless of game
type, server browser, or gaming service.
The service thus eliminates the need to run multiple programs like
IRC, instant messengers, or in-game friends lists to keep track of when
and where a gamer’s friends are playing. It combines instant messaging, a
server browser, peer-to-peer file downloads, in-game messaging,
screenshot and video capture and an active gaming community.
The service has attracted some 16 million users to date.
We’ve just confirmed with Titan Gaming CEO
John Maffei that they have acquired Xfire – the deal was signed just a couple of
hours ago – but have not been able to pin down the exact purchase price.
Here’s a brief statement from Titan:
Titan Gaming has purchased Xfire. The terms of the
purchase are undisclosed. Titan will be taking on the Xfire name. 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 and monetize their games.
Maffei adds that Titan Gaming has retained several key members of the
development staff, which sounds far more positive than the statement on
Xfire’s website – which reads that most of the team is leaving the
company – suggests.
Titan Gaming last May announced that it had raised
$1 million in funding from a slew of prominent angel investors.
You can find the full list of investors on the startup’s CrunchBase profile, but it includes people like
Clearstone Venture Partners principals
William Quigley and
Jim Armstrong, PriceGrabber co-founder
Kamran Pourzanjani and MP3.com founder
Michael Robertson.
if you understand the topic it is just explaining the competetion , it is the clan that wanted to hold up the Xfire popularity coz they want also to be known world wide .easy to understand that this titan clan has just posted this topic to ruin Xfire users in order for them to become popular too