From /.org:

"Posted by CmdrTaco on Tuesday June 29, @09:30AM EDT

from the I-swear-this-is-a-good-thing dept.

I'm sure a lot of you knew it was coming. The steady stream of emails asking "When is Slashdot gonna IPO" and messages from VCs pretty well proves that you guys knew it as well as I did. Well the cost and overhead of running Slashdot independently finally began to overwhelm us. After much deliberation and careful analysis, we're excited to announce that we've been acquired by Read more to learn what this means."

Read more.