Electronic Arts Buys Fanning's Gamer Community Firm ThreeSF

Authored by Mark Hefflinger on June 4, 2008 - 9:55am.

Redwood City, Calif. - Video game developer and publisher Electronic Arts (NASD: ERTS) announced on Wednesday that it has acquired ThreeSF, a social network for gamers founded by original Napster creator Shawn Fanning.

While financial details of the transaction were not disclosed, the Los Angeles Times cites a personal familiar with the deal saying the purchase price was roughly $30 million.

ThreeSF's Rupture operates a service that lets games post news of their various accomplishments.

The acquisition was initially reported on a month ago by TechCrunch.

 

Related Links:
http://snipurl.com/2dt0c

http://latimesblogs.latimes.com/technology/2008/06/shawn-fanning-s.html

http://www.rupture.com

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