Yahoo sold WP.com and BLO.GS to Wordpress

[HuntingMoon]

http://en.blog.wordpress.com/2009/04/24/wpcom/

Yes it’s true, Automattic is now the proud owner of WP.com, which we acquired from our buddies over at Yahoo!

http://ma.tt/2009/04/blogs-lives-on/

Yahoo! is transferring blo.gs to Automattic for safekeeping and further development. I’ve been a long-time fan of the service, and it even inspired the early WordPress feature which reordered your blogroll based on update times.

 

[draggar]

I wonder if the amounts will be published?

Excellent purchase for WP.

 

[james2002]

Possibly yahoo might have sold it cheaply to help Wordpress producing more free blogging sites which in turn may use Yahoo ad network.

 

[exponent]

I wonder if the amounts will be published?

Yahoo! won't announce the price, but I'm sure it will show up at the end of the quarter, buried in the financial report. Yahoo management doesn't want to admit they bungle just about everything.

 

[Gerry]

Yahoo! is transferring blo.gs to Automattic for safekeeping and further development

Could very well be a sign for the continued downward spiral of Yahoo.

Just went through another round of layoffs.

 

[Jeffreyw]

Possibly yahoo might have sold it cheaply to help Wordpress producing more free blogging sites which in turn may use Yahoo ad network.

That make sense.:yes:

 

[imneazmh]

Fantastic sale by Yahoo and cool purchase by Wordpress as well.

 

[godolphin]

Wow. Good decision by Automattic management.

 

[fayette]

Was a good decision they were not making much off of WP.com or blo.gs so they get some extra cash which hopefully will be used to make some good purchases

 

[britishbulldog]

blo.gs don;t think much of that one to be honest,doubt whther i would of bothered to reg it :-0

 

[james2002]

Was a good decision they were not making much off of WP.com or blo.gs so they get some extra cash which hopefully will be used to make some good purchases

They can use it as a bonus for some executives. :lol: