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Slashdot and Sourceforge for sale, again

drmike

100% Tier-1 Gogent
Looks like those old staples of nerdom are on the sales block again. Dice / DHI is looking to sell the sites Slashdot and Sourceforge off.

From their recent earnings report:

The Company acquired Slashdot Media in 2012 both to provide the Dice business with broader reach into Slashdot's user community base and to extend the Dice business outside North America by engaging with SourceForge's significant international technology user community. The Company, however, has not successfully leveraged the Slashdot user base to further Dice's digital recruitment business; and with the acquisition of The IT Job Board and success of Open Web, the anticipated value to the Company of the SourceForge traffic outside North America has not materialized. The Company now plans to divest the business, as it does not fit within the Company's strategic initiatives and believes the Slashdot Media business will have the opportunity to improve its financial performance under different ownership.
For the full-year 2015, the Company estimates Slashdot Media will generate $15.0-$16.0 million in revenues.

Source: http://www.dhigroupinc.com/press/Press-Release-Details/2015/DHI-Group-Inc-Reports-Second-Quarter-2015-Results/default.aspx
 
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