Pligg, originally named menéame in Spanish, is a web application that allows you to submit an article that will be reviewed by all and will be promoted, based on popularity, to the main page. When a user submits a news article it will be placed in the “unpublished” area until it gains sufficient votes to be promoted to the main page. The original source for Pligg was authored by Ricardo Galli. He was influenced by the extremely popular English technology site digg.com.
The admins sent a statement about the sale to Mashable today:
They say all good things must come to an end, but in this case it might just be the beginning. In a bold move, just before the release of our next version, Pligg CMS has decided to sell the business side of pligg. What once started as a rag tag group of rouge open source developers a year and a half ago, today has become one of the hottest Content Management System software used today. Pligg is used by sites such as VH1’s Best Week Ever, VideoSift.com, Sk-rt.com, Indianpad.com, RealEstateVoices.com, PlantChange.com, AgentB.com and Rocketboom. The Google search for “powered by pligg” shows an astounding figure of over 2,410,000 results.
The decision to sell the business end of Pligg just made sense. The community has grown larger than ever expected, with just over 10,000 registered webmasters sharing and trading tips, over 60,000 Sourceforge downloads, 2 IRC rooms that are active 24/7. It’s become an extremely large community to manage. We all have day jobs.
We’ve seen many businesses develop around pligg recently, selling everything from custom templates, and modules, to support, and installation. This is a clear example that with the proper team in place, pligg.com could easily dominate the other markets in this area.
Pligg.com has been added to sedo and open for negotiations . This sale includes the pligg.com domain along with all web content created for the site including graphic design work, blog and forum administrator accounts, rights to the Sourceforge.net account and the Pligg CMS code.
via mashable

[...] for 150k Jump to Comments A few days ago we find out that pligg is for sale. Now we find out the price for it: $150k. Seems that this price is for domain name (evaluated at [...]
http://www.digg.co.in is an pligg based indian social bookmarking site