This Day in History: July 29
July 29, 1996
Mpath Interactive Acquires Catapult Entertainment
In an example of the fast-growing Internet software industry, Mpath Interactive acquired Catapult Entertainment Inc. in an effort to establish itself in the online video game business. Neither company had been in business for more than a few years, nor had the online game industry, which has taken off with the availability of software to network computers so users can compete against each other in video games across wide distances.