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Viacom Caught in the Xfire
By Rick Aristotle Munarriz (TMFBreakerRick)
April 25, 2006

Old-school media companies keep snapping up new-economy upstarts as trophy wives. Yesterday, Viacom (NYSE: VIA) announced that it would acquire Xfire.com in a $102 million deal.

Xfire offers free software that allows Internet gaming enthusiasts to set up matches with their virtual friends and communicate during gameplay. Xfire supports more than 550 titles, including popular multiplayer games such as World of Warcraft, Call of Duty 2, and Counter-Strike: Source......
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