Reported 4 months ago
European publisher Keleops has acquired tech news site Gizmodo for the third time in 8 years, with the specific acquisition amount undisclosed. The sale marks a strategic move by Keleops to expand its coverage within the digital landscape, leveraging Gizmodo's reputation. Previous owners include Univision Communications and Boston investment firm Great Hill Partners, with the recent CEO highlighting an increase in the site's value. Keleops CEO plans to enhance Gizmodo's offerings by combining their digital expertise with Gizmodo's editorial excellence.
Source: YAHOO