May 16, 2008

Ars Technica Acquired by CondeNast (Wired)

Posted by User ImageNtas in Internet, Tech Biz |

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.

CrunchBase Information
Ars Technica
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