Xfire has had a bumpy road over the last five-plus years. Back in 2006, Viacom bought Xfire for $102 million. In 2010, Titan Gaming took over ownership. Then, in October of last year, Xfire raising an additional $4M from Intel Capital and split off to become its own independent company. Again. Full-circle, and somewhat back to “square one” in just about five years. But not without some progress… → Read More
Exclusive – Xfire, which operates a social service used by 19 million gamers, has raised $4 million in fresh funding from Intel Capital and unnamed angel investors.
As a result of the capital injection, Xfire is severing the ties with Titan Gaming, the company that acquired them from Viacom a little over a year ago.
Both Xfire and Titan will henceforth operate independently from one another. → Read More
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… → Read More
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