Report: Electronic Arts to Buy Shawn Fanning's Rupture for $30M

Authored by Mark Hefflinger on May 12, 2008 - 7:08am.

Los Angeles - Electronic Arts will acquire Rupture, a games-focused social network launched by Napster founder Shawn Fanning, for $30 million, according to a report from TechCrunch, which cited sources with knowledge of the deal.

Rupture offers an online social network for players of multiplayer online games, including Blizzard's "World of Warcraft."

The company has to date raised around $3 million in financing from investors including co-founder Ron Conway, Joi Ito, Reid Hoffman and Baseline Ventures.

 

Related Links:
http://snipurl.com/28igq (TechCrunch)

http://www.rupture.com



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