PALO ALTO, Calif. - March 23, 2005 ---- Various Inc., the new parent company of FriendFinder, the world’s largest operator of dating and social networking websites, and Streamray Inc., one of the web’s leading live cam companies, have announced their merger. The combination of the two businesses will create a powerful online combination of technology, services and consumer websites.
Terms of the merger between the two privately held companies were not disclosed. Various operates 20 multicultural and multilingual sites, including the Friendfinder network. Streamray operates Cams.com and other pay-per-minute video feed services. Both companies offer technology-driven sites that aggregate and serve content provided by members or independent contractors.
“Various and Streamray have a natural affinity and offer preeminent products aimed at similar markets,” said Andrew Conru , CEO and founder of Various. “This merger brings together two market leaders and creates an unparalleled partnership with the strongest technology and talent in the industry. The merger will give us an opportunity develop new and innovative services for members in our FriendFinder network, and use our resources to further develop Streamray.”
“We are very excited about the prospects for our affiliates and our customers,” said “Legendary” Lars, owner of Las Vegas-based Streamray. “All of our affiliates from both companies will benefit by a combination of our technologies and skills. Our customers will benefit by added services and improved support. In addition to potential cost savings from consolidating operations, Various and Streamray have distinctive product lines and complementary types of customers which should provide fertile ground for new marketing initiatives aimed at profitable revenue growth.”
Legendary Lars will remain president of Streamray. and assume the new role of marketing master at FriendFinder. Andrew will remain president of Various and will oversee the IT of the company.
The combined company of 180 employees will continue to operate separate affiliate programs but will develop programs to enable affiliates of both to easily promote the other. The company plans to announce key upgrades to their products and services in coming months.
Various, Inc. is the world’s largest operator of dating and social networking websites with a growing network of over 20 multicultural and multilingual sites. In less than a decade, more than 90 million people have joined its sites, with more than 25 million active today.
A pioneer and innovator in online dating since its inception in 1996, Various, Inc. empowers members to create virtual communities where they can privately and comfortably meet people with similar interests in a safe and stimulating environment. The privately funded company is based in Palo Alto , Calif.