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GarageGames Sold, InstantAction.com Formed

The Wall Street Journal Online has word that IAC, owned by mogul Barry Diller, now owns a majority stake in GarageGames.com Inc., and that the game developer will "anchor a soon-to-be launched gaming site, InstantAction." The preliminary InstantAction Website is taking email addresses from those interested in beta testing, and IAC and GarageGames Announce InstantAction.com, the First Browser-Based Action Game Network is the follow-up announcement of the new service:

New York - September 18, 2007 - IAC (Nasdaq: IACI) and GarageGames today announced the creation of InstantAction.com, the first Web-based videogame network. Using GarageGames’ industry-leading game development tools, InstantAction.com will provide compelling original action games through a standard Web browser. IAC has acquired a majority of GarageGames’ equity, and GarageGames’ management team will continue to lead the business as it builds out the InstantAction network.

InstantAction will also launch a Game Development Fund aimed at fostering a new generation of game development for the internet. Introducing new technology which allows graphically rich, networked games to run in popular web browsers with no download installation, InstantAction.com will enable easy access to singleplayer and multiplayer games with core-oriented mechanics and high-end visuals.

“We've been looking at the video game sector for years and it wasn't until we found GarageGames and their idea for InstantAction.com that we believed IAC could participate in a true internet innovation in online gaming,” said Barry Diller, CEO of IAC.

GarageGames’ CEO and CTO Josh Williams appointed Andy Yang of IAC to spearhead the InstantAction network earlier this year. GarageGames was founded in 1999 and created the Torque Game Engine, the leading platform for independent game development. GarageGames also created Marble Blast Ultra and its industry veteran founders led the development of the popular team-based action game Tribes.

“Working with IAC, we are now able to truly fulfill our vision to enable developers both large and small to deliver innovative ideas on an exciting new accessible platform for gamers,” says Williams. “The InstantAction Fund will invest in talented teams who want to bring high-quality action gaming to everyone in the world through the internet.”

The InstantAction.com site is now live and accepting registrations for early access to its private beta and is expected to launch to the public in early 2008. Its initial portfolio of original core-oriented games from high-profile studios and newly discovered game development talent will be announced in the coming weeks.

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7. No subject Sep 18, 2007, 20:25 space captain

 

yeh it would take a water-to-wine type event before these guys will do another proper Tribes game

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6. No subject Sep 18, 2007, 15:56 DangerDog

 

Another Tribes game, from these guys? LOL I don’t think so. Any day now they’ll be selling ring-tones for cell phones.

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5. No subject Sep 18, 2007, 14:36 xXBatmanXx

 

My kinda action - INSTANT ACTION!

Rev. Norb: I'd just like to say that four for a dollar Tijuana tacos seemed like a good idea at the time. Please pass the toilet paper.
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4. Re: Maybe I'm a little slow today... Sep 18, 2007, 13:16 Hump

 

They were pretty much a "pseudo publisher" to begin with. Go to the GG site and theres dozens of games to be purchased.

As far as web browser games I hope the do a better job at winning people over than Wild Tangent did with their spyware laden garbage. I couldn't get rid of 100% that "web driver" until I did a clean wipe of my hard drive back in the day.

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3. No subject Sep 18, 2007, 12:51 strich

 

yes, please bring back tribes.

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2. Tribes Sep 18, 2007, 12:28 mOOzilla

 

Bring back a good Tribes game.

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1. Maybe I'm a little slow today... Sep 18, 2007, 11:28 Kevlar

 

But skimming this release it sounds like GG is being turned into a pseudo-publisher. Anyone else get that feeling? I hope this turns out well for them although I'm not exactly optimistic.

Pre-edit edit: Ah, this isn't exactly a mickey mouse outfit. They've got Ask.com and LendingTree under their belts. Well, I still hope this turns out well for them.

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