San Francisco - Online social network Hi5 announced on Monday that it has acquired PixVerse, the provider of a Flash-based, no-download virtual world platform for social networks.
Financial terms of the deal were not disclosed.
PixVerse was founded in 2007 and backed by venture capital firm Venrock.
The company is one of thousands of third-party developers that have written applications that run on Hi5, which claims 80 million users.
"Communicating with friends is one of the primary benefits of hi5, and this technology and team enables hi5 to deliver a much richer, more visual medium of interaction for users of our network," said Hi5 CEO Ramu Yalamanchi.
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I know Pixverse. They have a good product. You can easily chat live with your friends across the Web. Good luck to them.
great info, thanks
Thanks, useful article.
I dont think anyone is better than the other. Both have their merits and de-merits and hence are used accordingly.
Journals and blogs are useful in the long term as they are accessible in the future as well, plus they are more organised.
On the other hand, live chats give you a glimpse of real time activity and are useful for a short update or more like breaking news.
Similarly they both cater some disadvantages.
Such an interesting news ! thanks for sharing it ! it must be very useful !
I’m agree with you, it’s a good project for the future…
Interesting. Social networking takes a new lead. Most of them like Twitter become a one night hit over the media.
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yes, i’m agree it’s very dangerous…
thanks for this topic
thanks gooooooooooooooood
As Facebook has gone on to include chat as one of its native applications, and the Open Social movement continues to help level the playing field in terms of platforms that support the developer community, hi5 could use a semi-drastic move that will hopefully make it easier for its users to keep in contact with their friends across networks online.
thanks for this topic
i agreed with “mmunicating with friends is one of the primary benefits of hi5″ I use HI5 to contact my old high school friends.
Great topic, thanks for sharing.
PixVerse will be definitly a very good acquisition
chat with my friends. Its network platform is perfect. It allow users to chat across the Web. Given the success of both virtual world chat environments such as IMVU and the continued uptake of application creators.
Excellent article, thanks for the information.
Thanks for this news. Pixverse is a good acquisition for hi5. A lot of fun in these social networking websites…
PixVerse will be definitly a good acquisition !
Hi5 is the redheaded stepchild of social networking, but I use it and love it. This should help it grow to compete with the others.
i agreed with “mmunicating with friends is one of the primary benefits of hi5″ I use HI5 to contact my old high school friends.
80 million user on HI5??? This number sounds really unbelievable!
I guess half of the users are located in Asia.
Is HI5 really popular in Asia, reason I am asking is that HGH said “guess half of the users are located in Asia” ?
Cheers !
That many users is impossible.
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Good, unique content is extremely invaluable.
I think that was a great buy. Pixverse has a lot of talent on heading on the right path.
Thanks for sharing ! Very interesting and usefull post !
Me too
thx for sharing !
gooooooooooooooooood thanks
Exactly I agree with you.
This is i think a great acquisition, Hi5 is a odd network, it need pixverse !
Wow I didn’t even know this, it was a smart move to encourage their growth. I think they should acquire more esuccesfull websites to grow faster.
thanks for this topic
its a good news for all the social bookmarkers. very helpful information thanks.
Great information thanks for sharing!
Excellent article very interesting, thanks.
It will indeed be good for Hi5
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Thanks for such nice information. Good one indeed.
I thought it was going to be some boring old post, but it really compensated for my time. I will post a link to this page on my blog. I am sure my visitors will find that very useful
It allow users to chat across the Web. Given the success of both virtual world chat environments such as IMVU and the continued uptake of application creators.
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I tried Hi5 and I think it is better than facebook. But I just leave facebook because all of my friends are still hooked up on that damn social network site. used snowmobile
Hi5 is popular. But the 80m looks too many. how many of the are active?
PixVerse is good. Hi5 is getting popular more quickly.
Well, this might be good for Hi5. They are quickly lagging behind the game compared to Facebook. I think they really should go on and take new initiatives like this one more and more often to catch up on Facebook or Myspace.
Where & where is this available…Is this available in Asian countries???
Are you sure of this news?
If so let me know cause it’s important for my company.
I hope not fake user.
One big question is, what’s the location of these users?
Thx for this great information! Really love that!
thanks for this topic
I have never even heard of Hi5 before?
I usually use PixVerse for Abu Dhabi chat and across the web. Very nice tool for social networking. Very good step my hi5
This is good news for all social people.
Excellent post, thanks for the infos.
Thanks for the infos of your post.
Well, this might be good for Hi5. They are quickly lagging behind the game compared to Facebook. I think they really should go on and take new initiatives like this one more and more often to catch up on Facebook or Myspace.
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great info
My experiences of Hi5 is good. Many people enjoy this site.
I think this is good news.
Over 80 million users. I think…
This is True, it might be good for Hi5. However they are quickly lagging behind the game compared to Facebook.
I don’t ever know this social bookmark but i will try it in a few days… I only use Facebook and i enjoy it !
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Thanks for the info.
Seems a good new for all those who a readdicted to the new virtual world(social networks).
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It will be good for Hi5 to use PixVerse,i am agree to you.
Hi5 does need a boost in recognition and what a better way to do so than with new technology
Excellent article, thanks for sharing !
I love to use PixVerse for cross network chat with my friends.
Excellent article very interesting, thanks for sharing.
thank you posted.
Good for Pixverse.
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I am a great fan of Hi5 I like their interface than any other social media sites and also can keep track of my friends.
Well Hi5 is one of the fast growing social networks. Best of luck to them.
I need to get on it. As a dentist who just started to dive into the e-world of marketing, I think I need to get on there.
anyone have any luck using it for social building, on a marketing level?
Daaamn, they should have paid a lot of money for that.
Over 212 million users. I think…
This is so good news indeed.
Well, this may be good for Hi5. They are quickly behind the game compared to Facebook. Should I go ahead and adopt new initiatives like this more often to catch up with Facebook or MySpace Clickable Video.
I like hi5 much, though facebook is more popular and has more fun applications.
O I think it will be more better for HI5.
the weight of social network is impressive
3 years ago…an you have already the good vision
This is really good. I world love to get more.
It always amazes me how a company can be set up in one year and be sold for millions in the next.
Truly inspirational for people like me who enjoy writing applications for Facebook, iPhone, etc.