Geeknet.com sells its technology web sites to a recruiter
September 19, 2012 10:59 AM
Geeknet Inc., parent company of e-retailer ThinkGeek.com, has sold its technology-oriented online media sites to Dice Holdings Inc. for $20 million. The deal does not include ThinkGeek.com, No. 175 in the Internet Retailer Top 500 Guide.
Dice operates Dice.com, a job search site for tech professionals, and other career sites in the health care, financial services and security fields.
Dice purchased Slashdot, a web site for technology professionals, SourceForge, a site for open-source software users, and Freecode, an index of Linux, Unix and cross-platform software. The three sites in 2011 generated $20 million in revenue through advertising and other channels.
"The SourceForge and Slashdot communities will enable our customers to reach millions of engaged tech professionals on a regular basis and significantly extends our company's reach into the global tech community," says Scot Melland, Dice president and CEO.