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Slashdot and SourceForge Sold, Now Under New Management (bizx.info)

Posted by timothy on from the interesting-paths dept.

kodiaktau writes with a link to today's announcement that DHI Group, Inc. (which you might know better as Dice, the company that bought Slashdot and sister site SourceForge in 2012) today announced that it completed the sale of its Slashdot and SourceForge businesses (together referred to as 'Slashdot Media') to BIZX, LLC in a transaction that closed on January 27, 2016. Financial terms were not disclosed. DHI first announced its plan to sell Slashdot Media in July 2015 as part of its strategy to focus on its core brands, as Slashdot Media no longer fits within the Company's core strategic initiatives. KeyBanc Capital Markets Inc. served as the Company's exclusive financial advisor for the transaction. (FOSS Force has a short article with some more info BIZX and the sale.)

5 of 1,310 comments (clear)

  1. Open to Questions by whipslash · · Score: 5, Informative

    Logan Abbott from BIZX here. Happy to answer any questions.

    1. Re:Open to Questions by whipslash · · Score: 5, Informative

      The deal just closed less than 24 hours ago, so there are no immediate plans other than to try and gauge the community and make sure what we do is inline with the original Slashdot spirit. Our company is profitable, so we have no reason to resort to desperate deceptive or underhanded methods in order to make money. Our focus is making sure this community has the support it needs.

    2. Re:Open to Questions by whipslash · · Score: 5, Informative

      Get rid of the deceptive ad practices and unwanted bundled offers. Improve the feature set. More here: http://fossforce.com/2016/01/s...

  2. Re:Take back Slashdot by whipslash · · Score: 5, Informative

    We're going to do our best to keep/bring back that "news for nerds" ethos and hopefully keep you here.

  3. Re:Take back Slashdot by whipslash · · Score: 5, Informative

    Noted.