America Online buys Weblogs Inc.

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PaidContent’s Rafat Ali reports that America Online is buying Weblogs Inc., the weblog company behind brand name uber blogs like Engadget and The Auto Blog. The terms of the deal have not been announced as yet. If this is really happening, I guess Jason and I work for the same master – Time Warner. Nice scoop, Mr. Ali.

21 Comments

brandon

im going to start a blog and be the first to write about an om and rafat merger

Gopi

WTF ?, they just make 1 million or so per year depends heavily on natural search engine ranking for traffic and they are acquired for a 30 something multiple?.

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