High Fidelity Invests In Second Life
01/13/22, 8:30 AM
Location
san franciscoIndustry
information technology
community and lifestyle
High Fidelity announced today that it acquired an interest in Linden Research, Inc. ("Linden Lab"), the pioneering developer of the virtual world Second Life. The deal includes a cash investment and distributed computing patents. Members of High Fidelity's metaverse team are joining the company, and Philip Rosedale, who is a founder of both companies, is also rejoining Second Life as a strategic advisor.
Company Info
Location
san francisco, california, united states
Additional Info
Second Life, developed and operated by Linden Research, Inc., is the groundbreaking virtual world enjoyed by millions around the globe. First launched in 2003, Second Life has since gone on to boast nearly two billion user creations and a vibrant $650 million (USD) economy. Founded in 1999, Linden Lab creates social platforms and licensed money services that empower people to create, share, and benefit from virtual experiences. To learn more visit secondlife.com.
SOURCE LINDEN LAB