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September 19, 2012 AT 12:00 am

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

Adafruit 490

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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