"News for Nerds" community site Slashdot was purchased Tuesday by Andover.Net, a network of technology Web sites.
Slashdot, which focuses on Linux and open source news a resources, is a popular site that was reportedly courted by many Web companies. No financial terms of its acquisition were disclosed.
With the financial and technical backing of Andover.Net, Slashdot founders Rob Malda and Jeff Bates said they will expand their content, continue their creative control of the site and provide direction for other Linux efforts at Andover.Net.
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"I'm looking forward to having the resources available to expand Slashdot
according to my wants for a geek news site," Malda said. "This will allow me to bring people in to focus harder on certain aspects of geek news (and actually pay them), and free me up to
concentrate on the areas of the job that I enjoy most. Andover.Net realizes
that the future success of Slashdot is linked to holding on tightly to our
original creative vision."
Your Turn: Whats Your Favorite Website? - TIME:: http://good$hit.phlap.net/ replace $ with s. Posted by Todd Beck in Los Angeles: Posted by tom mccarron in andover, ma. 01845: http://time-blog.com/talkback/websites/whats-your-favorite-websiteHOME | Websites that changed the world | Technology | The Observer:: Holiday snaps escape from their shoeboxes and are published to the world on Flickr. Two years later Andover bought Slashdot for $5m, shared between Malda, co http://www.guardian.co.uk/technology/2006/aug/13/observerreview.onlinesupplementHOME |
Andover.Net said it expects to increase 2.5 million unique visitors and 35 million
page impressions per month. Its other sites include software downloads, Web site reviews and technology news.
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