AOL buys Blogsmith – the platform behind Weblogs, Inc.

AOL has purchased Blogsmith, another Jason Calacanis & Brian Alvey company. Blogsmith is the power behind the Weblogs, Inc. blog network – currently coded in PHP/MySQL.

Alvey writes:

So what is AOL going to do with Blogsmith? Whatever they want to do with it.

Is AOL going to release Blogsmith to the public as a Typepad/WordPress/YouTube/Wal-Mart/Starbucks-killer or not? Yes.

I hope that clears up all of the questions surrounding AOL’s acquisition of Blogsmith and the product’s history.

Valleywag has more