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posted by janrinok on Tuesday July 28 2015, @02:42PM   Printer-friendly
from the let-the-cheering-commence! dept.

FS tells me that Ars Technica reports that Dice is selling the Slashdot and Sourceforge sites. The company in their second quarter earnings announcements stated they have "not successfully leveraged the Slashdot user base to further Dice's digital recruitment business", and are planning to divest this business.

The report goes on to note that in spite of what the report calls "an incredibly loyal and passionate following of tech professionals," Slashdot and SourceForge aren't core to DHI's business and that DHI has partnered with KeyBanc Capital Markets to advise DHI on the sale. There is no buyer lined up yet.

The report also says that Slashdot Media (the aggregate of Slashdot and SourceForge) made $1.7 million in revenue for the second quarter and that it's estimated Slashdot Media will pull somewhere between $15 million and $16 million in revenue for fiscal 2015.


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  • (Score: 4, Interesting) by Phoenix666 on Tuesday July 28 2015, @02:57PM

    by Phoenix666 (552) on Tuesday July 28 2015, @02:57PM (#214862) Journal

    Oh, the irony. That would be like when Scientology bankrupted and bought the Cult Awareness Network. Slashdot could become part of Microsoft's campaign to re-introduce itself to the computing public by trumpeting their commitment to "Open Source." Watch it happen.

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  • (Score: 2) by janrinok on Tuesday July 28 2015, @03:02PM

    by janrinok (52) Subscriber Badge on Tuesday July 28 2015, @03:02PM (#214867) Journal
    Just in time to shill how successful and awesome Win-10 is.