WSJ: IAC/InterActiveCorp Buys Majority of GarageGames

IAC/InterActiveCorp today plans to announce it has taken a majority stake in game developer GarageGames to anchor a soon-to-be launched gaming site, InstantAction.

More information here:

IAC/Interactive Takes Game Designer Stake

I will be talking about this a lot in the future, but for tonight, I can just let it all soak in:)

-Jeff Tunnell, Game Maker
Make It Big In Games

4 thoughts on “WSJ: IAC/InterActiveCorp Buys Majority of GarageGames

  1. It sounds promising:

    ” The site is now live and accepting registrations for access to its private beta and is expected to launch to the public in early 2008. It will feature a range of graphically rich, networked games to run in popular Web browsers with no download installation.

    At the same time, InstantAction will also launch a game development fund aimed at “fostering a new generation of game development for the Internet”.”

  2. Hey, congrats, Jeff. I hope you guys got a good payday out of this and will have the resources to do more now – you deserve it.

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