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Ars Technica bought by Wired publisher

21 May 2008 13:15 by Rich "vurbal" Fiscus | 5 comments

Well known tech site Ars Technica has been purchased by magazine publisher Cond� Nast, whose other properties include Wired magazine. Ars Technica will become part of Wired Digital, which is also responsible for Wired.com. The price wasn't disclosed, but is rumored to be $25 million.

In a statement to the Ars Technica community on May 19, Editor-in-Chief and co-founder Ken Fisher wrote "Ars Technica will remain an independent publication, with the same editorial leadership in place. I will remain the Editor-in-Chief, and Jon, Eric, and the rest of the editorial team is staying on board, too" referring to Senior Editor (now Deputy Editor) and co-founder Jon Stokes and Managing Editor Eric Bangeman.

According to Fisher the sale will mean an immediate expansion of the site's operation, including hiring more staff in more locations. They plan to have offices open in both Chicago and San Francisco in just weeks. He says they're already going through "notebooks full of ideas for Ars Technica from over the years" to take immediate advantage of having Wired Digital's resources behind them.

The reported $25 million price tag for Ars Technica is the same amount the publisher paid to purchase Wired.com from Lycos in 2006. Wired Digital, including the Wired News (Wired.com) website were sold to Lycos by Cond� Nast in 1998 for more than $80 million.

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Discuss this article!
georgeluv (Member) 21 May 2008 15:49
slashdot, ars, and cnet are the holy trinity of tech news websites. [ + quote]
iluvendo (AfterDawn Addict) 21 May 2008 18:18
Is the buy out a good thing ? If it wasnt for bad luck, Id have no luck! "The flimsier the product,the higher the price" Ferengi 82nd rule of aquisition [ + quote]
7thsinger (AfterDawn Addict) 21 May 2008 20:07
Corporate chess games. Not much more than that. "Sir, i would not harm thee for the world...but thou art standing where i'm about to shoot." [ + quote]
spiesfan (Member) 22 May 2008 9:38
crud hopefully wired doesn't screw ars up [ + quote]
nobrainer (Inactive) 22 May 2008 10:00
expect more adverts, lets not hope the reviews don't turn into, "paid for reviews" by the advertising companies! thank firefox i have NoScript & Adblock Plus! NoScript http://addons.mozilla.org/en-US/firefox/addon/722 Adblock Plus http://addons.mozilla.org/en-US/firefox/addon/1865 The BPI Are: SONY, UNIVERSAL, WARNER GROUP, EMI. The RIAA Soundexchange Are: SONY, UNIVERSAL, WARNER GROUP, EMI. The IFPI Are: The same anti consumer lot as listed above! The MPAA Are: SONY, UNIVERSAL, WARNER GROUP, DISNEY, PARAMOUNT, FOX. [ + quote]