Swedish software company Global Gaming Factory has announced (PDF) a deal that will let it acquire The Pirate Bay Web site for the equivalent of about $8 million, half in cash up front and half in stock. In a related move, Global Gaming is acquiring P2P technology developer Peerialism for roughly $13 million (again, half in cash, half in stock) and plans to invest another $3.25 billion in developing the acquired businesses. And the goal? Take The Pirate Bay—which is one the top 100 most-visited Web sites on the planet—legit.
