] 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 could be announced sometime later this month,
] according to those close to the two companies. If the
] deal goes through, then Six Apart will become one of the
] largest weblog companies in the world, with nearly 6.5
] million users. It also gives the company a very fighting
] chance against Google's Blogger and Microsoft's MSN
] Spaces.

Here is your rumor of the day.

Om Malik on Broadband - Six Apart to buy Live Journal