NYT Acquires About.com

A couple of the bloggers I read remarked on this deal today. Fred Wilson remarked that he'd predicted the deal over a week ago, and hailed it as "a very smart buy" for the Times. Jason Calacanis went further:

[T]his will be looked at as the moment the New York Times because a major player in the Internet industry. Yahoo, Google, AOL, and Microsoft are the real losers here, I’m shocked they let About.com slip away.

Here's the NYT's press release.

Tags: about, NYT.