Condé Nast buys Ars Technica
Last week, the big huge CBS Corporation announced it was buying web media company CNet Networks (owners of Gamespot among other gaming web sites) for $1.8 billion. Now comes word of yet another smaller, yet similar business deal, as privately owned Condé Nast has acquired the tech and gaming oriented web site Ars Technica for a undisclosed sum.Ars Technica has been online for close to 10 years and is certainly one of the best tech oriented web site but it also covers gaming extensively with its own section devoted to gaming news and features. According to a news post on the web site this new Condé Nast purchase will not affect the current editorial team; they will remain an independently run site. In fact this new move will allow them to expand and grow. Condé Nast, who may be familiar to some of you as a major magazine publisher, also owns a lot of web sites such as Wired.com and reddit.com.


