Friday, May 16, 2008

Conde Nast Buys Ars Technica

Stephen Shankland writes on the C|Net News Blog:

Ars Technica, a decade-old independent tech news and analysis site, is becoming a part of Conde Nast's Wired Digital group.

The acquisition will be announced Monday, sources familiar with the acquisition said, confirming a report Friday in TechCrunch. The price tag was near $25 million, TechCrunch said.

More here.

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