Tuesday, April 1, 2014

Mergers & Acquisitions (Updated)

"Linden Lab, the makers of SecondLife, announced today that it is in discussions with High Fidelity over merging the two companies and thus consolidating in anticipation of a future collaboration with or takeover bid from Facebook", the Financial Times reports, citing sources.

As Philip Rosedale, a.k.a. "our creator", Philip Linden or "my beloved Philip", has a major interest in both companies it is assumed that the discussions will go smoothly and a deal will be made before the end of the week.

According to the article  it is probable that Philip Rosedale will become the Chairman of the Board of the new company, while Ebbe Altman, a.k.a. Ebbe Linden, will remain as CEO.

More updates on this will be posted here, as soon as I learn more.

UPDATE April 2, 2014
This entire post is of course a fabrication, it was my attempt at trying to fool you on April Fools Day.

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