Ken Langone, Chairman of Geeknet, added, “We are very pleased to find a new home for our media business, providing a platform for the sites and our media teams to thrive. With this transaction completed, we will now focus our full attention on growing ThinkGeek.” Dice Holdings acquired the business for $20 million in cash. In 2011, the online media properties generated $20 million in Revenues.
This is big news! ThinkGeek is one of our top distributors, this will be really interesting to see how they grow it!
Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground” – Adafruit’s Apps!
Maker Business — “Back to the Roots” – fish tank that grows food (cool maker company)
Wearables — Shower curtain sequins
Electronics — When to opt for alkaline batteries
Biohacking — BBC Biohacking: Technology and Health
No comments yet.
Sorry, the comment form is closed at this time.