MeetMe Acquired Tagged And hi5’s Parent Company For $60 Million

If it’s been a while since you last checked that old Hotmail account (you know, the one with the embarrassing screen name,) it’s unlikely you’ve heard about hi5 or Tagged recently.

Today’s news, however, are a reminder that both platforms are actually still alive and kicking: New Hope, Pa.-based social media company MeetMe became the owner of both those networks with the purchase of their parent company, San Francisco-based mobile app design studio if(we),for $60 million in cash.

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