Submission + - Slashdot Gets Acquired as Part of $20 Million Deal (geek.net) 1
wiredmikey writes: Dice Holdings (Owner of Job sites including Dice.com) reported this morning that it has acquired Geeknet's online media business, including Slashdot and SourceForge.
"We are very pleased to find a new home for our media business, providing a platform for the sites and our media teams to thrive," said Ken Langone, Chairman of Geeknet. "With this transaction completed, we will now focus our full attention on growing ThinkGeek."
Dice Holdings acquired the business for $20 million in cash. In 2011, the online media properties generated $20 million in Revenues.
"We are very pleased to find a new home for our media business, providing a platform for the sites and our media teams to thrive," said Ken Langone, Chairman of Geeknet. "With this transaction completed, we will now focus our full attention on growing ThinkGeek."
Dice Holdings acquired the business for $20 million in cash. In 2011, the online media properties generated $20 million in Revenues.
