Social Network Hi5 Acquires PixVerse

Authored by Mark Hefflinger on June 30, 2008 - 10:38am.

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.

http://www.hi5.com

http://www.pixverse.com

Published in DMW Daily, June 30, 2008

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Comments

Well, this might be good for

Submitted by Pet Supplies (not verified) on February 20, 2009 - 10:27am.

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.

I agree with you.

Submitted by Bet clic (not verified) on June 19, 2009 - 8:30am.

I agree with you.

I don't ever know this

Submitted by Unibet (not verified) on March 3, 2009 - 4:56am.

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 !

Thx for that topic, i will

Submitted by Bwin (not verified) on April 2, 2009 - 1:29am.

Thx for that topic, i will try too very soon :)

i will use it for chatting

Submitted by mutuelle (not verified) on April 29, 2009 - 10:18pm.

Thanks for this post. i will use it for chatting.

Thanks for this news.

Submitted by bonus unibet (not verified) on June 5, 2009 - 3:02am.

Thanks for this news. Pixverse is a good acquisition for hi5. A lot of fun in these social networking websites...

Pixverse

Submitted by bonus bwin (not verified) on June 16, 2009 - 8:51pm.

PixVerse will be definitly a good acquisition !

I Love Hi5

Submitted by Baby Gift and Shower Gil (not verified) on June 24, 2009 - 4:51am.

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.

HI5

Submitted by hgh (not verified) on June 25, 2009 - 5:45pm.

i agreed with "mmunicating with friends is one of the primary benefits of hi5" I use HI5 to contact my old high school friends.

I do not use much Hi5

Submitted by HGH (not verified) on July 11, 2009 - 8:18am.

80 million user on HI5??? This number sounds really unbelievable! I guess half of the users are located in Asia.

Thx for that topic, i will

Submitted by gia (not verified) on July 16, 2009 - 7:32am.

Thx for that topic, i will try too very soon :)

Is Hi 5 popular in Asia ?

Submitted by Meilleur rachat de credit (not verified) on July 26, 2009 - 10:37pm.

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

Submitted by hotels (not verified) on July 28, 2009 - 9:24am.

That many users is impossible.

Cross-Network Chat

Submitted by SEO Sharjah (not verified) on July 30, 2009 - 6:51am.

I love to use PixVerse for cross network 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.