Viacom acquires XFire for $102 Million

Gamers around the world will rejoice in the news that Viacom is purchasing XFire, a free program that automatically keeps track of when and where gamers are playing PC games online and lets their friends join them, for $102 million.

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.