VentureBeat spins out GamesBeat, accelerates enterprise AI mission
1 min read
Summary
VentureBeat has announced plans to spin out gaming-focused news site GamesBeat as a separate entity, in a move designed to increase both brand’s focus on their core audiences.
GamesBeat, which joined VentureBeat in 2008, will continue covering the business of gaming and intends to capitalise on the industry’s growth, whilst VentureBeat will concentrate on artificial intelligence in the enterprise sector.
According to VentureBeat’s founder and CEO Matt Marshall, the two brands will now be able to “thrive independently,” whilst allowing each to “scale with greater clarity and purpose.”
The financial terms of the deal have not been disclosed.