Just For Fun
Comcast Acquires BitTorrent for $53bn
Comcast acquires BitTorrent for $53bn
'Our cheapest option'
By Cade Metz in San Francisco
Just hours after acquiring BitTorrent Incorporated for $53bn in cash and stock, Comcast has shutdown the tiny San Francisco company, assuring customers and shareholders that its doors will never reopen.
"There were two ways forward," said Comcast executive vice president David Cohen in a canned statement. "We could either reconfigure our network to treat BitTorrent like any other application or buy BitTorrent Inc. and do our best to destroy the entire protocol. At $53bn, destroying the protocol was the cheaper option.
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