Sunday, October 16, 2005

AOL acquires Engadget and more

Forbes reports on AOL 's purchase of Weblogs for $25M. The transaction includes 85 blogs such as Engadget and Autoblog. AOL will integrate the blogs into its portal by linking to the best entries and create additional blogs to fit with its channels.

Interestingly, Weblogs gets more than $1 million a year through Google adwords alone.

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