According to Kotaku, PC gamers’ favourite networking tool Xfire has been sold to Titan Gaming, and most of the development team has left.
Xfire members earlier received the following message:
Xfire was bought by new owners today. Most of the team that has built Xfire over the last six years is leaving. We enjoyed working for you for the last 127 releases and wish we could stay to create the next 127. Good bye, good luck, and game on. – The Xfire Team
Xfire is used by over 16 million PC gamers around the world, and provides a number of great services such as matchmaking and cross-game chat.
Kotaku then received a message from Titan Gaming CEO John Maffei:
Titan Gaming has purchased Xfire. The terms of the purchase are undisclosed. Titan will be taking on the Xfire name, with a focus towards ongoing innovation in the gaming space. The Xfire services will continue uninterrupted for its users. Xfire redefined how gamers communicate, Titan intends to build upon this tradition and utilize the Xfire platform to help gaming companies better engage and monetize their games.