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Tron, a new blockchain company, has acquired popular service in nearly $ 126 million.
BitTorrent was acquired this week by Tron, a relatively new company in the Blockchain world. The purchase would have closed at a figure close to $ 126 million, according to sources close to the operation.
BitTorrent was founded in San Francisco in 2004 and its technology, based on torrents, made it the successor to Napster's facto, the world's most popular music download service in the early 21st century .
Currently, BitTorrent has about 100 million active users worldwide, along with its namesake client and BitTorrent Now, which focuses on video streaming and music. The company will retain its customers, who will operate from Tron's offices to "provide strong support for Tron's global business development and global partnerships, while pursuing its vision of the world's largest decentralized ecosystem."
As Variety points out, BitTorrent has recently sought to end users' concerns about the acquisition, stating that it does not intend to change what it is. 39 she does or bill the services that she provides. In this regard, said: "We do not intend to enable cryptocurrencies exploration now or in the future."
Via: Techcrunch
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