Monday, December 3, 2007

LiveJournal Acquired By Russian Firm

Moscow-based online media company SUP said Sunday that it has acquired LiveJournal, Six Apart's blogging and community site. Financial terms of the deal were not disclosed. SUP said that as part of the deal, it has launched a new company, LiveJournal, based in San Francisco to manage and operate the site. SUP supports and has developed a Russian version of LiveJournal, which the firm said represents 28% of LiveJournal's monthly audience. Six Apart acquired LiveJournal in 2005 from founder Brad Fitzpatrick; Fitzpatrick recently left Six Apart for Google. SUP said that Fitzpatrick will be member of an advisory board for the firm.