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TechCrunch: Swedish Software Firm Acquires The Pirate Bay For $7.7 Million
901am: The Pirate Bay sold to gaming company
paidContent: The Party's Over: Software Firm Buying Pirate Bay, Will Go Legit
CrunchGear: Swedish software firm acquires The Pirate Bay for $7.7 Million
Contentinople:: News Bits: Arrrrr! Gaming Factory Buys Pirate Bay
Swedish Software Firm Acquires The Pirate Bay For $7.7 Million
TechCrunch —
... for 60 million Swedish crowns (which currently converts to approx. $7.7 million). In addition, GGF has entered into an agreement to acquire the shares in Peerialism, a software technology company that develops solutions for data distribution and distributed storage based on new p2p technology. ...
The Pirate Bay sold to gaming company
901am —
The team behind The Pirate Bay have announced that they have sold the site to Global Gaming Factory. Rumours say the site is sold for €5.6m, half cash half stock in Global Gaming Factory. The Pirate Bay team will have a press conference in the next minutes.
TPB is being sold for a great bit underneath it’s value if the money would be the interesting part. It’s not. The interesting thing is that the right people with the right attitude and possibilities keep running the site.
As all of you know, there’s not been much news on the site for the past two-three ...
The Party's Over: Software Firm Buying Pirate Bay, Will Go Legit
paidContent —
Swedish publicly listed software company Global Gaming Factory X (GFF) says it wants to buy The Pirate Bay SEK60 million ($7.8 million) and will begin compensating copyright ownersfor material its users find and download. GGF announced today said it will also buy P2P technology company Peerialism and plans “to launch new business models that allow compensation to the content providers and copyright owners”, when the deal is closed in August (subject to GFF raising the finance). The Bay’s founders get half the money in cash and half in new GFF shares. ...
Swedish software firm acquires The Pirate Bay for $7.7 Million
CrunchGear —
... for 60 million Swedish crowns (which currently converts to approx. $7.7 million). In addition, GGF has entered into an agreement to acquire the shares in Peerialism, a software technology company that develops solutions for data distribution and distributed storage based on new p2p technology.
The transaction is scheduled to be closed in August 2009.
Update: The Pirate Bay has ...
News Bits: Arrrrr! Gaming Factory Buys Pirate Bay
Contentinople: —
... by supplying storage space. GGF also acquired Swedish technology firm Peerialism , which has developed new file-sharing technology. The company expects its acquisition of The Pirate Bay to close in August. In other news: ...
The Pirate Bay Sold for $7.8 Million (underneath its value)
Binary Head —
... GGF has entered into an agreement to acquire the shares in Peerialism AB, a software technology company owned by the employees that develops solutions for data distribution and distributed storage based on new p2p- technology. The consideration amounts to in aggregate 100 million SEK consisting of at least 50 million SEK in cash and up to the equivalent of 50 million SEK in newly issued shares in GGF. The share part of the purchase price will be five percent of the total number of shares in GGF after the transaction. Additionally, GGF has undertaken to make initial ...
5 Things to Know About The Pirate Bay Sale
NewTeeVee —
... announced that it will buy the site for roughly $8 million, along with Swedish P2P solutions provider Peerialism, which has been developing BitTorrent-based distribution solutions for P2P streaming and downloads. The plan is apparently to use Peerialism’s technology for the next generation of The Pirate Bay. ...
Global Gaming Factory X Buys The Pirate Bay For $7.7 Million
Pulse2 - Technology News And Reviews —
... , a torrent search engine website that was recently taken to court for copyright infringement. Global Gaming Factory also bought out another company called Peerialism, a file sharing service. GGF will be taking over both services in August 2009. ...
Pirate Bay Bidder Dreams Of Floating On Nasdaq
paidContent —
... (half in cash, half in new shares equal to three percent of GCF’s equity). It’s conditional on GCF raising the necessary funds and hitting on a “legal and appropriate” new business model. It is also buying P2P network maker Peerialism for 100 million Swedish kronor in another cash-and-shares split. ...
Pirate Bay acquisition looks rockier than ever
Betanews —
... to show that funds are in line with its reports...Aktietorget found a lack of conditions for an efficient trade of its shares and decided to suspend trading until the requested information is provided. The halt of daily trading has nothing to do with suspicions of insider trading." Global Gaming is reported to have numerous outstanding debts, including to former CTO Johann Sellstrom, former ally and ex-Grokster founder Wayne Rosso, and P2P technology company Peerialism.
Copyright Betanews, Inc. 2009
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ISP Friendly BitTorrent Tracker Doubles Download Speeds
TorrentFreak —
... The Swedish based company Peerialism hopes to tackle these problems and make BitTorrent future proof. Aside from their issues with GGF, they are currently working on the release of a new Open Source BitTorrent tracker based on the ...
Peerialism BitTorrent Software To Have Much Faster Download Speeds
Pulse2 - Technology News And Reviews —
... Peerialism is a new, upcoming BitTorrent tracking software that is supposed to be released next month. The company promises to increase download speeds by 150% and to decrease the load on ISP networks by 20-50%. Peerialism’s software is based on OpenTracker software. ...
