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AOL Acquires Weblog, Inc.

via the Time Warner Newsroom

In online content that ranges from music to movies, travel to tech, food to fashion, medicine to mortgages, 85 new topical websites now call AOL and AOL.com home – providing online consumers with new micro-communities where they can connect, debate, editorialize, comment, and learn.

America Online, Inc. today announced that is has signed a definitive agreement to acquire one of the online medium’s leading blogging companies, Weblogs, Inc. of Santa Monica, CA and New York, NY. The financial terms of the deal were not disclosed. The agreement was signed Wednesday, October 5, and is expected to close next week.

[ps. why isn't there an "social software" site section?]

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