Slashdot, SourceForge purchased for $20 million

Slashdot, SourceForge purchased for $20 million
Dice Holdings, "a leading provider of specialized career websites for select professional communities" has purchased tech sites Slashdot, SourceForge and Freecode for $20 million in cash.

Says Dice: "The acquisition of these premier technology sites fits squarely into our strategy of providing content and services that are important to tech professionals in their everyday work lives. The SourceForge and Slashdot communities will enable our customers to reach millions of engaged tech professionals on a regular basis, and this significantly extends our company's reach into the global tech community."



The sites were acquired from Geeknet, who has been shopping them for months.

Last year, the three properties generated almost $20 million in revenue. SourceForge is the major property, attracting 40 million monthly uniques. The site offers open-source software and development tools.

Written by: Andre Yoskowitz @ 19 Sep 2012 23:34
Tags
sourceforge acquisitions dice holdings
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  • 2 comments
  • A5J4DX

    what :o!

    20.9.2012 20:10 #1

  • Scaldari

    huh, read it twice and i do believe they sold out for one years revenue, in cash... who knows what profit was left after bill's so i would say you sold out well!

    Account Created Saturday 12 January 2008. After 4 years I consider myself a Sr. Member no matter WHAT my post count says.

    21.9.2012 09:04 #2

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