hi5 Acquires PixVerse

hi5 Networks Inc., a San Francisco-based social networking site with strong international presence, has acquired PixVerse Inc., a provider of real-time interactions within social networks. No financial terms were disclosed. Hi5 late last year raised a $20 million Series A round led by Mohr, Davidow Ventures.

 

PRESS RELEASE

hi5 Networks, one of the world's largest social networks, announced today its acquisition of PixVerse, Inc., an innovative provider of rich, real-time interactions within social networks. Built on its breakthrough Flash