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 ÂµTorrent announced that “BitTorrent has acquired ÂµTorrent as it recognized the merits of ÂµTorrent’s exceptionally well-written codebase and robust user community. Bringing together ÂµTorrent’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 ÂµTorrent’s software will remain lightweight, but the acquisition had mainly taken place to for access to ÂµTorrent’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, ÂµTorrent 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 ÂµTorrent. “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.