theglobe.com Acquires New Gaming Content
Posted on January 14, 2000
theglobe.com, an online community network, has announced that it has acquired Chips & Bits, Inc. ("CBI"), an online game retailer and Strategy Plus, Inc., a publisher of magazines targeted at game enthusiasts. Additionally, the Company announced that all of its game properties will be consolidated into one stand-alone division.
"This acquisition allows us to better grow our strategy, service the members of our game community and position this division as a world leader in games," said Dean Daniels, Chief Operating Officer, theglobe.com. "The games community is one of the most loyal and vibrant on the Web today. They are the early adopters and are the audience that will lead the charge into the broadband era."
The acquisition of Chips & Bits and Strategy Plus add to theglobe.com's game network, which includes online game sites HappyPuppy.com, GamesDomain.com, KidsDomain.com and ConsoleDomain.com. theglobe.com aggregates users into a global community network around common themes of interest. theglobe.com's distribution partners include Time Warner's Road Runner, AOL UK, One Main, Alloy, Direct Hit and Chaitime.
