This does not add up to me.... The buyer is a Web site operator not a software developer. While I always thought Jelsoft would get bought, I was hoping it would be to someone who could help professionalize their processes.... So I don't get it.
I work for one of those real companies and saw how "loosey-goosey" Jelsoft did things compared to the discipline required for real commercial software. Figured it was just a matter of getting to the point where "adult supervision" was going to be required. Nothing bad about that, just the consequence of success.
Instead they sell out to a media company whose
president looks like Willem DeFoe. Apparently the bidding never got very hot.
Not feeling good about this.... will watch this closely. There's another shoe to drop IMHO.