This story was written by Rafat Ali.
CondeNast, the parent of Wired and Portfolio, has made an interesting acquisition: it has bought the veteran tech news site ArsTechnica, for around $25 million. The news was first reported by TechCrunch, and we have corroborated from sources as well. The site will be part of Wired Digital.
Kara recently did a video with ArsTechnica founder Ken Fisher on the philosophy and business of the site:
By Rafat Ali