Digg was sold in three different parts

Digg sold to LinkedIn, The Washington Post and Betaworks.  The social news site Digg has been speculated to be sold at $ 500 thousand, but that is specific and accurate in its remaining assets to Betaworks. While the number is actually, according to another rumor that was heard in the ballpark, the editors were TechCruch is that the total purchase price of Digg was around $ 16 million, including the price paid for IP, an acquirer previously unreported, LinkedIn. 

This pointed to a nearby spring, the Washington Post that ended up paying $ 12 million for the Digg team. And almost at the same time, the race of the LinkedIn social network paid $ 3.75 million and $4 million for 15 different patents including the patent Digg "click a button to rate a story".  Betaworks collected all remaining assets today, including the domain, code, and all traffic data for between $500,000 and $ 725k.  Borthwick and co. will license patents and LinkedIn need to run when it decides to do with those assets. Before the acquisition, the social news Digg had raised $ 45 million in funding from Greylock Partners, Marc Andreessen, founder of LinkedIn, Reid Hoffman and other notables of the Valley. 

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Betaworks has acquired Digg

Betaworks,  has acquired the social news site Digg.com for an undisclosed amount. Betaworks’ founder John Borthwick will become the new CEO of Digg. So Digg was announced through its official blog. Betaworks founder John Borthwick will become the new CEO of Digg. The site's current general manager Matt Williams will join Andreessen Horowitz as Entrepreneur in Residence after the transition is complete Betaworks. Digg founder Kevin Rose joined Google a few months after the search engine of its most recent acquisition was updated. 


Some technology media as TechCrunch have said that there is a rumor that the price ranges at only U.S. $ 500 thousand, although it is doubtful that amount because that amount generated Digg just for publicity and has been said by the words of CEO Digg that the amount was high.Betaworks promises to take "back to the beginning"to Digg , with low budgets, a small team and rapid update cycles. None of the other employees of Digg, it seems, are moving to Betaworks. Instead, the team will take care of News.me site management. Since Betaworks is the company behind bit.ly, news.me, Chartbeat and a number of other successful products. Betaworks says Digg will soon release a new version of Digg, which will complement iPhone News.me 's, and iPad applications.

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