History
In 2007, GarageGames was acquired by Barry Diller and InterActive Corporation (NASD: IACI) and was renamed InstantAction. Soon after this announcement, InstantAction.com went into open beta on March 31, 2008.
On July 15, 2009, it was announced that Louis Castle would become the new CEO of GarageGames, after Josh Williams stepped down in late 2008. It was also announced that InstantAction would be split into two divisions, one in Portland, Oregon and the other in Las Vegas, Nevada.
On March 13, 2010, InstantAction.com was taken down as a gaming portal, with the company instead moving to support the embedding of 3D games on external websites. On April 29, 2010, the company released a 20 minute demo of The Secret of Monkey Island: Special Edition with the option to buy the full game, while the previous games, known as the Arcade, remained offline. This was the first game to take advantage of their new embed-tech platform.
On August 16, 2010, the company unveiled Instant Jam at Gamescom. It launched in open beta and was the company's second, and ultimately last game to feature their embed-tech.
On October 23, 2010, it was announced that InstantAction sold the Tribes IP to Hi-Rez Studios, developers of Global Agenda. Shortly thereafter, it was also announced that their game platform deal with Penny Arcade to release PlayGreenhouse.com had been withdrawn, along with their deal with Mad Otter Games to host their MMO A Mystical Land.
On November 11, 2010, InstantAction's community manager announced that the company was shutting down, though the TorquePowered.com website would be kept active. InstantAction stated that they were "winding down operations" and thanked all their customers "for their support."
On December 22, 2010, Eric Preisz posted an update informing everyone that they were no longer looking for buyers of their Torque engine, and that the future "looks bright."
On January 20, 2011, it was announced that Graham Software Development were the new owners of the Torque engine, and the company was renamed back to GarageGames.
Read more about this topic: Instant Action
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