TRON Confirms BitTorrent Acquisition Deal

Home / TRON Confirms BitTorrent Acquisition Deal

More than a month ago, it was alleged that Ashwin Navin, BitTorrent’s co-founder, sold the company to the TRON Foundation for $140 mln. The news were confirmed today in the company’s blog post. The platform will continue to operate from TRON’s new central office in San Francisco, providing support for the latter’s global business growth and development. The acquisition sum is still unknown too, although previous rumors pegged it at $140 million.

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