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September 18, 2012 03:15 pm GMT
Some consolidation afoot in online media: Dice Holdings, the career website owner, has bought the online media business of Geeknet, which includes the high-profile tech websites Slashdot, SourceForge and Freecode, paying $20 million in cash for the assets.The deal is bringing Dice a set of sites that are profitable and generating good revenues: the company tells me that they are on track for a $20 million turnover this year on EBITDA of $5 million. Slashdot brings in 3.7 million uniques per month; Sourceforge has 40 million monthly unique visitors; and Freecode brings in 500,000 a month.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3lC-HH7nYzA/
Dice Holdings Pays $20M Cash For Slashdot, SourceForge And Freecode From Geeknet
Some consolidation afoot in online media: Dice Holdings, the career website owner, has bought the online media business of Geeknet, which includes the high-profile tech websites Slashdot, SourceForge and Freecode, paying $20 million in cash for the assets.The deal is bringing Dice a set of sites that are profitable and generating good revenues: the company tells me that they are on track for a $20 million turnover this year on EBITDA of $5 million. Slashdot brings in 3.7 million uniques per month; Sourceforge has 40 million monthly unique visitors; and Freecode brings in 500,000 a month.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3lC-HH7nYzA/
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