| Title | Dice Selling Slashdot and Sourceforge | |
| Date | Tuesday July 28 2015, @02:42PM | |
| Author | janrinok | |
| Topic | ||
| 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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printed from SoylentNews, Dice Selling Slashdot and Sourceforge on 2024-04-19 16:04:15