Om Malik: Folks have been predicting a big year for mergers and acquisitions in 2005, and we are starting the year with a bang. I have learnt exclusively that
Six Apart, the parent company behind hosted blogging service TypePad and Moveable Type, is about to acquire
Live Journal, for an undisclosed amount. The deal is a mix of stock and cash, and
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We're all a little concern.
'course, I didn't even know LJ was public until this morning.
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We are a lazy breed and need motivation.
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saying LJ has been dull of late is a lot like saying books have been dull of late -- which is equally true, but the vast majority of anything is always going to be mediocre. LJ contains multitudes.
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If this is happening -- and, obviously, there are no guarantees -- then it's not like Google buying Blogger. Six Apart has Movable Type and the clever but somewhat expensive Typepad. (See above, lessons not learned.)
My expectation would be to see Typepad functionality being grafted into LJ, and the free account going away or being significantly crippled.
But it's all speculation...
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Six Apart seem like a bunch of people with skills and good ideas, that really don't know how to talk to people, and more-over - to discuss things with a community.
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