RealTime IT News

Andover.Net Snaps Up Slashdot

"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.

"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."

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.