AfterDawn: Tech news

Ars Technica bought by Wired publisher

Written by Rich Fiscus (Google+) @ 21 May 2008 13:15 User comments (5)

Ars Technica bought by Wired publisher Well known tech site Ars Technica has been purchased by magazine publisher Condè 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 Condè Nast in 1998 for more than $80 million.

Previous Next  

5 user comments

121.5.2008 15:49

slashdot, ars, and cnet are the holy trinity of tech news websites.

221.5.2008 18:18

Is the buy out a good thing ?


"The flimsier the product,the higher the price"
Ferengi 82nd rule of aqusition


321.5.2008 20:07

Corporate chess games. Not much more than that.



422.5.2008 9:38

crud hopefully wired doesn't screw ars up

522.5.2008 10:00
nobrainer
Inactive

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

Comments have been disabled for this article.

News archive