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MTV Networks to Acquire Harmonix
Old 09-22-2006, 10:40 AM   #1
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Default MTV Networks to Acquire Harmonix

NEW YORK - Viacom Inc.'s MTV Networks said Friday it will buy Harmonix Music Systems Inc., a developer of music-themed video games, for $175 million in cash.

Harmonix, based in Cambridge, Mass., developed Guitar Hero and other music games for Sony Corp's
PlayStation 2. The deal is expected to close in the fourth quarter.

Last year Harmonix and MTV formed a partnership that used the video game title in original programming and competitions on a number of MTV platforms.

Article here, credit to rmz for the news
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