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Old 04-01-2012, 09:55 PM
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JxK JxK is offline
Join Date: May 2009
Posts: 439
Default ABI Has Been Sold

Amazon has purchased (or is in the processes of purchasing) ABI.

According to what's going around on the IRC channel (so it's not yet official), it seems that Amazon has made an offer to crowdgather for ABI. Not long ago, Grahm Skee - the former owner of ABI - sold ownership of the site to crowdgather. And it seems that once again, ABI's ownership is changing hands.

Details unknown, but it seems that Amazon wants to use the ABI name/webspace to further promote its Kindle brand and Cloud storage for music and video. And as the Kindle Fire competes with the ipod touch/ipad brand...well...apparently they thought it was a logical choice.

Moreover, it seems that each moderator is being granted an undisclosed number of shares in order to continue posting articles (at Amazons discretion) and keeping up with the forums. The transfer of stock and ownership will take place by end of second calendar quarter of 2012.
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