Some of you may have already read about it, and here's my confirmation: SmileOnMyMac has acquired Textpander (press release).
An updated version, renamed "TextExpander", will be available shortly. TextExpander will also include several new, unique features that yours truly had been working on for a while. And it will, of course, be free for users who have donated for the original Textpander.
The current version of Textpander will be available for download until TextExpander's initial release.