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Ars Technica now part of Wired

May 16 2008, 11:17pm CDT | by

Ars Technica now part of Wired
 
 

Publisher Conde Nast who owns Wired Magazine just bought Ars Technica. Arstechnica will become part of Wired Digital.

TechCrunch's sources say Conde Nast paid $25 million for the 1998 founded technology news site.
Apparently the official statement of the acquisition is to be released next week.
Conde Nast bought Wired Magazine in 2006 also for $25m. Soon after that Wired Digital bought social bookmarker Reddit.
More details on TechCrunch.

This is yet another deal in the technology news sector. CBS has bought CNET this week for $1.8billion.

I4U News is staying independent, no worries. Have a great weekend and check out our new Technology Video Show section we launched this week.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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