Mobile entertainment company Glu Mobile has purchased GameSpy from News Corp. for about $2.7 million in stock. The online multiplayer and matchmaking technology company was bought by IGN in 2004 for roughly $57 million. Later IGN and its properties were purchased by News Corp.
"Our acquisition of GameSpy brings Glu industry-recognized leadership in online, cross-platform technology infrastructure," said Niccolo de Masi, the CEO of Glu.
GameSpy licenses its multiplayer and matchmaking middleware technology to game developers and publishers. It also hosts FilePlanet and a number of "Planet" sites, though whether those sites were part of the deal is unknown as of this writing. We assume that Glu Mobile now owns the editorial arm of GameSpy - GameSpy.com - as well, but what the future holds for editorial operations attached to the brand remains a question mark as well...
More on this story as it develops.
[Full Disclosure: the author is a former employee of GameSpy and IGN.]