Tagged recently announced its acquisition of hi5, but this will not include the workers. The “asset-only” purchase will include hi5’s 230 million registered users, but not president and CTO Alex St. John or any of hi5’s staff.
“We will be shifting some team members internally to focus on hi5 implementation,” said a spokesperson for Tagged. “This was an asset-only acquisition so we just acquired the brand, the website, and users.”
“hi5 will eventually look and feel much more like Tagged, with a focus on social discovery (meeting new people),” added Tagged. “Games are an important part of the Tagged experience as well, so they will remain a focus for hi5.”
Source: Gamasutra
