May 16, 2008
Ars Technica Acquired by CondeNast (Wired)
Ars Technica, one of the most popular technology blogs, has been acquired by CondeNast a media company that also owns Wired Digital. In a breaking story from TechCrunch, Michael Arrington reports that the deal is around the $25 million mark.
It is expected that Ars Technica will now be running under the Wired Digital (CondeNet) umbrella along side flagship site Wired.com. Since Ars has a much more computer-tech-focused audience than Wired, we can also expected Ars to maintain its branding and its current personnel.
More details will be revealed after the official announcement on Monday.
