Popular German blog Basic Thinking, billed as a local version of TechCrunch has sold at auction for €46,902 ($62,300 USD).

The blog, run by Robert Basic went on the market in early January with a target price of between €10,000 and €100,000.

The buyer was identified as Serverloft, a German supplier of “professional root servers” with headquarters near Cologne, Germany. Serverloft CEO Thomas Strohe said in a statement that he had been long time reader of the blog, and that the company intends to continue the site in its current format. As part of a transition period, Robert Basic will be working with Serverloft “to secure a smooth transfer of the blog’s maintenance to the new staff of editors.”

From an earlier report at Centernetworks, the site had 25,000 RSS subscribers and “a good deal of commenting activity which shows an active community.”

The site has a Technorati ranking of 756, although this has been helped by a flood of links related to the sale. Alexa shows 107,216 for rank, but a more respectable 7,611 for Germany. Revenue for the site was not disclosed.

German Tech Blog Basic Thinking Sells For $62,330 is a post from: The Inquisitr