Ars Technica Gets Wired
TechCrunch is reporting that Wired.com’s parent company, Condé Nast, has acquired venerable tech site Ars Technica:
Condé Nast has acquired popular technology blog Ars Technica, we’ve confirmed. The site will become part of Wired Digital (which in turn is under CondéNet, run by Sarah Chubb). 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.
It’s a good fit.
