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May 12th, 2008 @ 15:11
According to this TechCrunch report, EA is about to buy Shawn Fanning’s social-network-gaming startup Rupture for $30 million, according to sources with knowledge of the deal.
Fanning is best known as the creator of Napster. From the site:
Electronic Arts is buying the company for its technology, since it doesn’t have a lot of users (it was only ever in beta) and never launched the second version of its service. Presumably, creating social networks around massively multiplayer video games is a key component of its online strategy. The company has not yet officially announced the acquisition, but it is expected to do so soon. [Update: The closing of the deal is imminent, but there are still some papers to sign].
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May 12th, 2008 at 4:48 pm
Everyone knows that Seth Green created Napster. Fanning just stole it from him while he slept.