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Joyent Buys TextDrive

San Anselmo-based Joyent has acquired San Diego-based TextDrive, a hosting solution provider focused on open source, blog posting software, and other Web 2.0 applications. TextDrive provides hosting of the WordPress site, along with other blog and content management systems such as Textpattern, Ping-o-Matic, RubyOnRails, and TurboGears. Financial terms were not disclosed. Joyent provides web-based team collaboration software based on AJAX web technology. More information »