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Ars Technica now part of Wired

Posted on Fri, 16 May 2008 23:17:24 CDT | by Luigi Lugmayr | Topic: Technology News

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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Posted on Fri, 16 May 2008 23:17:24 CDT | by Luigi Lugmayr

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