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RealTime IT News

Today's Deals: Excite Buys Multi-User E-Games Provider

America Online + Quack.com, Cisco Systems + PixStream, Digital Bridge + OTVnet, Engage + Space Asia Media Limited, Excite@Home + pogo.com, Fly Networks + ThinCompute.com, PeopleFirst.com + giggo.com, Usinternetworking + EnableVision






 Excite@Home (ATHM) acquires pogo.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a
 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      C+

 


    REDWOOD CITY, Aug. 31--Excite@Home and pogo.com announced a definitive agreement in which Excite@Home will acquire pogo.com, an online games provider for the mass market, for an undisclosed amount. The pogo.com multi-user online games environment will be leveraged as a key asset of Excite@Home's broadband TV initiative, where consumers will be able to play online games as part of the advanced TV experience. pogo.com's commanding position in the narrowband online games market will also facilitate the migration of consumers to the broadband and set-top platforms.