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Basic Thinking, considered as the techcrunch of Germany, went on an auction early this January and today has been bought by  Serverloft, a German supplier of “professional root servers” with headquarters near Cologne, Germany, for €46,902 ($62,300 USD).

If we look through some Centernetworks reports about the tech site, it had 25,000 RSS subscribers and “a good deal of commenting activity which shows an active community.”

Robert Basic, the ex-owner of the blog will be managing the blog until a complete transition is made by the company.