September 19, 2012 AT 12:00 am

Dice Holdings Buys Slashdot, SourceForge And Freecode From Geeknet (ThinkGeek)

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Dice Holdings Buys Slashdot, SourceForge And Freecode From Geeknet via TechCrunch.

Ken Langone, Chairman of Geeknet, added, “We are very pleased to find a new home for our media business, providing a platform for the sites and our media teams to thrive. With this transaction completed, we will now focus our full attention on growing ThinkGeek.” Dice Holdings acquired the business for $20 million in cash. In 2011, the online media properties generated $20 million in Revenues.

This is big news! ThinkGeek is one of our top distributors, this will be really interesting to see how they grow it!

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