IAC and GarageGames announced the creation of InstantAction.com, the first web-based videogame network. Using GarageGames’ industry-leading game development tools, InstantAction.com will provide compelling original action games through a standard Web browser. IAC has acquired a majority of GarageGames’ equity, and GarageGames’ management team will continue to lead the business as it builds out the InstantAction network.
InstantAction will also launch a Game Development Fund aimed at fostering a new generation of game development for the Internet. Introducing new technology which allows graphically rich, networked games to run in popular web browsers with no download installation, InstantAction.com will enable easy access to singleplayer and multiplayer games with core-oriented mechanics and high-end visuals.
“We’ve been looking at the video game sector for years and it wasn’t until we found GarageGames and their idea for InstantAction.com that we believed IAC could participate in a true internet innovation in online gaming,” said Barry Diller, CEO of IAC.
Originally posted on September 18, 2007 @ 11:03 am