Subscribe to this page now.

Pirate Bay sold, to go legitimate

06/30, 9:50am

Pirate Bay sold for $7.8m

Swedish gaming company Global Gaming Factory X (GGF) on Tuesday announced it is in the process of acquiring The Pirate Bay for $7.8 million. With the process due to be concluded by August, it will see GGF introduce new business models to and make the site legal and keep its owners out of courts. The new owners will also sell shares of The Pirate Bay to investors. GGF will also buy Peerialism and introduce its P2P distribution technology on The Pirate Bay. At the same time, The Pirate Bay will stop hosting and tracking torrents and use a third-party tracker and torrent hosting service.

more

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    Crucial MX100 256GB SATA-3 SSD

    While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

    Narrative Clip

    With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

    Blue's Mikey Digital

    Blue Microphones, a company that makes some of the most popular digital USB microphones among podcasters and musicians, has for some t ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News