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MTV Networks to buy Harmonix for $175m

(Associated Press via NewsEdge) Viacom 's MTV Networks said it will buy Harmonix Music Systems, a developer of music-themed video games, for $175 million in cash.

Harmonix, developed Guitar Hero and other music games for Sony's PlayStation 2. The deal is expected to close in the fourth quarter.

Last year Harmonix and MTV formed a partnership that used the video game title in original programming and competitions on a number of MTV platforms.

? 2006 The Associated Press

? 2006 Dialog, a Thomson business. All rights reserved

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