MTV Set To Buy Guitar Hero Devs Harmonix

MTV is set to acquire Harmonix Music Systems for $175 million. According to the New York Times The goals of the deal, which is to be announced today, are broader than putting the MTV logo on a Harmonix game box: for instance, the company wants to offer visitors to its Web sites, its new virtual worlds and its planned mobile services the ability to play along with, or remix, their favorite songs.

“It is about people coming to MTV who are passionate about music and wanting to interact on deeper and deeper levels,” said Christina Norman, the president of MTV. “It’s not just about wearing the T-shirt.”