Conde Nast Buys Ars Technica

Posted on Friday, May 16, 2008 by MegaZone

Well, I guess there is a little bit of acquisition fever going around the technical press. Yesterday CBS acquired CNet Networks, and today Conde Nast acquired Ars Technica. Conde Nast owns Wired, and this means that Ars Technica will basically become part of Wired.com. The news was broken by TechCrunch, who report they’ve confirmed it. The price is unknown, but TechCrunch believes it is around $25 million.

So, where’s my buyout offer? ;-)

About MegaZone

MegaZone is the Editor of Gizmo Lovers and the chief contributor. He's been online since 1989 and active in several generations of 'social media' - mailing lists, USENet groups, web forums, and since 2003, blogging.    MegaZone has a presence on several social platforms: Google+ / Facebook / Twitter / LinkedIn / LiveJournal / Web.    You can also follow Gizmo Lovers on other sites: Blog / Google+ / Facebook / Twitter.
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