TechCrunch has been acquired by AOL for an undisclosed amount, giving the Silicon Valley publication access to a company with experience in blogging and software infrastructure, both companies said.
Founder Michael Arrington said in a statement that AOL is a “global leader” in creating and delivering “world-class content”.
“I look forward to working with everyone at AOL as we build on our reputation for independent tech journalism and continue to set the agenda for insight, reviews and collaborative discussion about the future of the technology industry.”
AOL chef executive Tim Armstrong said the publication will maintain its independence and will continue to work on its other ventures including MobileCrunch and CrunchGear.
“Michael and his colleagues have made the TechCrunch network a byword for breaking tech news and insight into the innovative world of start-ups, and their reputation for top-class journalism precisely matches AOL’s commitment to delivering the expert content critical to this audience.”
A purchase price was not disclosed.
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
