AOL has bought technology news blog TechCrunch, founded five years ago by Michael Arrington, for between $25m and $30m.
The acquisition is part of AOL CEO Tim Armstrong's plans to transform the internet firm into a content led business.
TechCrunch is one of the world's biggest blogs and will join AOL's growing list of technology and life-style blogging properties that also includes Engadet and Politicsdaily.com.
Join a growing community of media, marketing and advertising professionals today
Read exclusive registrant only articles
Read more articles each month
Sign up for free specialised news bulletins
Register NowGet unprecedented new-business intelligence with access to ±±¾©Èü³µpk10’s new Market Reports.
Find out moreGet unlimited access to ±±¾©Èü³µpk10’s premium content for your whole company with a corporate licence.
Upgrade accessGet the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.
Create an alert now
.jpg)
.jpg)