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Russia’s SUP Buys LiveJournal

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Today Six Apart has announced that its blogging software, LiveJournal, that bought by them in January 2005 has been sold to Russia’s SUP, the latter has launched an American company in order to run this new entity. In fact, SUP was a partner of Six Apart, it signed an agreement with Six Apart in October 2006 and thus has an exclusive right to offer this blogging software to the Russian people there. LiveJournal is very popular in Russia, for over a year, they have more than 610,000 users actively using this blogging software.

Though the value of this deal is not mentioned in the official news of LiveJournal, but the popular Russian news provider Kommersant reported that this acquisition costs nearly $30 million.

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