AOL Buys 85 Blogs, Engadget, Autoblog, Weblogs Inc.

AOL pays $25 million for 85 blogging sites

AP reported today that America Online (my old employer) announced Thursday that it has made a deal to purchase Weblogs, Inc., home to Engadget, Autoblog, Hack A Day, and other popular blogs. You can already see and Add to AOL newsfeed link at the top right corner of Weblogs Inc., sites. AOL is reported to have paid $25 million in an all cash deal for the properties. Weblogs Inc., will become an independently editorial wholly owned subsidiary and part of the AOL.com portal.

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Internet Tension: 80
Gravity: 50

Topics: News, Computers and Internet, technology, America Online, AOL, blogs, weblog

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