The blogging software and services company, Six Apart has sold its topic-based blogging communities network LiveJournal Inc. to SUP, a Russian based international media company. The deal comes expected as the two firms have been working together for quite some time now.
Almost a year back, ‘Six Apart’ allowed SUP to manage Live Journal in Russia under a licensing agreement. This acquisition will allow SUP to gain on a global scale. Under SUP, Live Journal has scaled new heights in Russia. The details of deal haven’t been disclosed yet.
However, from an investment point Six Apart will remain involved with LiveJournal for at least next 12 months. SUP plans to hold a new advisory board. Meanwhile, Six apart plans to focus and improve its other blogging tools!
Source: Mashable
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