Glu Mobile Acquires GameSpy From News Corp.’s IGN Entertainment

Glu Mobile has acquired GameSpy Technology, a provider of multiplayer game technology, from IGN Entertainment. Terms of the deal included Glu’s issuance of $2.75 million in stock, which was mostly offset by GameSpy’s cash and receivables. Glu will use the tech, including multiplayer matchmaking, player statistics and leaderboards, in its mobile games.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work