BitTorrent has acquired ÂµTorrent, another file-sharing application that uses BitTorrent's software protocol, it announced Thursday. The acquisition is another move by BitTorrent to make itself into a legitimate competitor in the online content business. Late last month, the company announced free and fee-based content distribution deals with a number of major Hollywood film and television studios, including News Corp.'s 20th Century Fox and Viacom's MTV Networks.
BitTorrent will incorporate ÂµTorrent's optimization and other features into its own software as part of the acquisition, and add members of ÂµTorrent's community to its own. The two have a combined user base of 135 million, BitTorrent said. It did not disclose financial terms of the deal.