I found this on a forum via Digg. The amount was not disclosed. On the forum, Bram Cohen, the creator of the BitTorrent protocol and Ludvig Strigeus, the writer of µTorrent announced that “BitTorrent has acquired µTorrent as it recognized the merits of µTorrent’s exceptionally well-written codebase and robust user community. Bringing together µTorrent’s efficient implementation and compelling UI with BitTorrent’s expertise in networking protocols will significantly benefit the community with what we envision will be the best BitTorrent client.”

The forum also mentioned that µTorrent’s software will remain lightweight, but the acquisition had mainly taken place to for access to µTorrent’s user-base. Some of the Digg users that have commented on the post see the acquisition as a bad move, but others are hoping that through this acquisition, µTorrent will be compatible for Linux and the Mac.

Two Digg users, akarpo and ikonoclasm were talking about the possibilities of DRM clients being implemented into µTorrent. “BitTorrent Inc. signed a deal with the movie industry last week because the industry wants to stop piracy” stated Digg user, ikonoclasm.

On November 29, Mike Arrington at TechCrunch wrote about how BitTorrent raised $25 million.