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| Condé Nast/Wired acquires Ars Technica |
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| Business and Law | ||||||
| By TechCrunch | ||||||
| Friday, May 16, 2008 17:05 | ||||||
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Condé Nast has acquired popular technology blog Ars Technica, we’ve confirmed. The site will become part of Wired Digital. Wired Digital assets include Wired.com and Reddit (acquired in 2006). The acquisition price will not be disclosed, but our sources say it is in the $25 million range, which is what Condé Nast paid for Wired.com in 2006.
Read the complete story here.
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