Yahoo sells TechCrunch to media investment firm Regent
Yahoo has agreed to sell its long-running technology news website, TechCrunch, to media investment firm Regent, the companies said on Friday.TechCrunch, a well-known platform that covers global technology companies, startups, and entrepreneurs, was previously part of Verizon Communications' media assets. In 2021, private equity firm Apollo Global Management paid $5 billion for these assets, which were later rebranded as Yahoo.
Regent has been expanding its presence in the tech media landscape, most recently acquiring Foundry, which owns major technology publications such as PCWorld, Macworld, InfoWorld, CIO, and TechAdvisor.
The financial details of the TechCrunch acquisition have not been disclosed, but the transaction is expected to close in the coming weeks.
"We believe this next chapter under Regent can help maintain TechCrunch's influence and support its continued growth," Yahoo stated in a press release.
Yahoo continues to operate a number of news platforms, including Yahoo Finance, Yahoo Sports, and Engadget, in addition to services like Yahoo Mail and Yahoo Search.
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