As no doubt some of you read elsewhere at the end of last week, it appears that venerable publishing giant Condé Nast has acquired one of our very favorite tech news sites, Ars Technica, on the eve of the site’s 10th anniversary. While the final sum was not officially disclosed, TechCrunch estimated that it was around $25 million, similar to what Condé Nast paid for Wired.com in 2006.
Editor in Chief Ken “Caesar” Fisher, posted a news story this morning giving the low down on the deal, stating that Ars’s editorial staff would stay intact, and that they would continue to operate as an independent publication, albeit with additional resources.
For our part, we send our best wishes and congratulations to the Ars crew, and especially to Assistant Editor Jacqui Cheng and her excellent team over at Ars’s Infinite Loop journal and look forward to seeing the continuation of all the great work the site already does. As someone who’s been reading the site nearly since its inception, I certainly hope that this means nothing but good things for Ars.
Thank you for your kind words! We hope to continue to kick ass and not let anybody down. ;)