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Social Gaming Network Hi5 Acquired By Discovery Company Tagged
“Social discovery” site Tagged announced and completed its purchase of Hi5, the Alex St. John-led site that spent the past year trying to position as a major social gaming network. The firm did not disclose financial terms for the deal. With this acquisition, Tagged aims to “dominate the social discovery category” — the network bills itself as an online community for meeting new people through social games, customizable profiles, virtual gifts, and other features. Tagged …
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