Conde Nast buys Ars Technica
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.
CondeNet, the Conde Nast online division run by Sarah Chubb, has acquired several other sites, including Reddit and SFO*Media's HotelChatter. It's generally left those sites alone, so that seems a likely outcome for Ars Technica, as well. But of course the company will have more online ad inventory to sell.
The Wired Digital group within CondeNet also includes Wired.com and Reddit.
Stephen Shankland writes about a wide range of technology and products, but has a particular focus on browsers and digital photography. He joined CNET News in 1998 and since then also has covered Google, Yahoo, servers, supercomputing, Linux and open-source software, and science. E-mail Stephen, or follow him on Twitter at http://www.twitter.com/stshank. 





- by andyross May 17, 2008 6:01 AM PDT
- News.com was not a small company, unless you consider $1,800,000,000 to be a small company.<br /><br />I read ArsTechnica regularly, although I wonder what is going on with the journals links on the right. Now when you click on an icon, it opens all the articles instead of just showing the titles.
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