Remains of GigaOm Bought by Content Farm Knowingly
GigaOm assets acquired include the Website itself and the content library, which holds about eight years' worth of content.Houston-based publishing startup Knowingly Corp. said May 26 that it has acquired a portion of the assets of GigaOm, a respected IT news and information site that ended its run nearly three months ago. Financial details of the transaction were not made available. GigaOm assets acquired include the Website itself and the content library, which holds about eight years' worth of content. GigaOm, founded by writer/analyst/venture capitalist Om Malik, closed on March 9 due to financial problems. Malik left the daily working environment of GigaOm about a year ago to join True Ventures, a Silicon Valley venture capital firm. However, he had remained on the board of directors and had represented the company at events until the closure. Malik has continued writing about IT and the venture capital space as a columnist for Fast Company for the last two years.
Knowingly said it plans to relaunch the site on Aug. 15. Until that date, visitors to the site will find only minimal changes and no new content, the company said.