SixApart to buy LiveJournal?

There have been reports on the net in the past 48 hours, that SixA­part, (cre­ators of Move­able Type and Type­Pad), is set to buy Live­Jour­nal.

Om Malik reports:

The deal is a mix of stock and cash, and could be announced some­time lat­er this month, accord­ing to those close to the two com­pa­nies. If the deal goes through, then Six Apart will become one of the largest weblog com­pa­nies in the world, with near­ly 6.5 mil­lion users. It also gives the com­pa­ny a very fight­ing chance against Google’s Blog­ger and Microsoft­’s MSN Spaces.

Leav­ing aside the ever-present wor­ries about SixA­part’s ambi­tions, I’m scratch­ing my head to fig­ure out what Live­Jour­nal could pos­si­bly offer. I sup­pose one could argue that MT, Type­Pad, and LJ occu­py dif­fer­ent seg­ments of the weblog­ging mar­ket, each cater­ing to dif­fer­ent require­ments and needs of its users.

But, still… Live­Jour­nal?

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