San Francisco
– Online social network hi5 announced on Thursday that it has acquired social
gaming firm Big Six.
Financial terms of the transaction were not disclosed.
Austin-based
Big Six was founded by gaming veterans Kevin Gilner, Monty Kerr and Chad Hansing,
who will relocate to San Francisco
along with other Big Six employees.
Hi5 said the deal will enhance its commerce
for virtual goods and games, and that it will implement Big Six’s payment
processing, fraud detection and conversion optimization technologies, as well
as its social gaming platform.
Related Links:
http://www.hi5networks.com/press/releases/0224100.html