Fergie's Tech Blog

Wired Pays Lycos to Recover Wired.com

A Reuters newswire article by Eric Auchard, via Yahoo! News, reports that:

Wired magazine, the publication that helped popularize the Internet craze during the 1990s, is poised to recover the online business it lost when the company was divided in half eight years ago.

Lycos Inc. said on Tuesday it had agreed to sell its Wired News online properties for $25 million to Conde Nast Publications, owner of Wired magazine, the print publication that is equal parts technology culture trend-spotter and glossy product catalog.

posted by Fergie @ 7/11/2006 08:23:00 PM