SixApart buying LiveJoural? Let the Blogging M&A Begin

Six Apart is buying LiveJournal!

Best use of new vc investment: buying market share? buying a new demographic?

What about the price structure?  Will a free hosted version of a blogging tool and a paid one continue to co-exist in the same company? Will typepad adopt the graduated scale for price. (Eg free to start. Increasing costs for increasing functionality like lj?)

LiveJournal paid users are only:

Account Types

What type of account do people have?

• Free Account: 5544357 (98.3%)
• Early Adopter: 14228 (0.3%)
• Paid Account: 93307 (1.7%)
• Permanent Account: 1622 (0.0%)

What about the different markets they serve? Typepad targeted at freelance professionals? Movable Type targeted to companies? Livejournal to youth?

Was it a defensive move? So, that yahoo and msn couldn't buy into the space?  Who does this leave: Xanga?

What about open source for the enterprise market? Will movable type and the open source livejournal development work together? Will MT contribute to the open source project?

Lots of questions. I guess the first one: is it true?