On June 29, 1999, the site was sold to Linux megasite Andover.net for $1.5 million in cash and $7 million in Andover stock at the Initial public offering (IPO) price. Part of the deal was contingent upon the continued employment of Malda and Bates and on the achievement of certain "milestones". With the acquisition of Slashdot, Andover.net could now advertise itself as "the leading Linux/Open Source destination on the Internet". Andover.net merged with VA Linux on February 3, 2000, changed its name to SourceForge, Inc. on May 24, 2007, and then became Geeknet, Inc. on November 4, 2009.
On June 29, 1999, the site was sold to Linux megasite Andover.net for $1.5 million in cash and $7 million in Andover stock at the Initial public offering (IPO) price. Part of the deal was contingent upon the continued employment of Malda and Bates and on the achievement of certain "milestones". With the acquisition of Slashdot, Andover.net could now advertise itself as "the leading Linux/Open Source destination on the Internet". Andover.net merged with VA Linux on February 3, 2000, changed its name to SourceForge, Inc. on May 24, 2007, and then became Geeknet, Inc. on November 4, 2009