M&A Deal Summary

Condé Nast Publications Acquires Ars Technica

On May 19, 2008, Condé Nast Publications acquired internet software and services company Ars Technica for 25M USD

Acquisition Highlights
  • This is Condé Nast Publications’ 2nd transaction in the Internet Software and Services sector.
  • This is Condé Nast Publications’ largest (disclosed) transaction.
  • This is Condé Nast Publications’ 3rd transaction in the United States.
  • This is Condé Nast Publications’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2008-05-19
Target Ars Technica
Sector Internet Software and Services
Buyer(s) Condé Nast Publications
Deal Type Add-on Acquisition
Deal Value 25M USD
Advisor(s) M.E.S.A. Securities, Inc. (dba MESA Global) (Financial)

Target

Ars Technica

Malden, Massachusetts, United States
Ars Technica is a technology news site providing editorial and analytic content for PC enthusiasts.

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Buyer(S) 1

Buyer

Condé Nast Publications

New York, New York, United States

Category Company
Founded 1909
Sector Publishing
DESCRIPTION

Condé Nast is a print and digital media company. The Company was established in 1909 and is based in New York City.


DEAL STATS #
Overall 3 of 7
Sector (Internet Software and Services) 2 of 5
Type (Add-on Acquisition) 2 of 5
State (Massachusetts) 1 of 1
Country (United States) 3 of 6
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-01 Reddit

San Francisco, California, United States

Reddit is an online platform that brings together a diverse and global community of users to share, discuss, and discover content on a vast array of topics. As a social news aggregation and discussion website, Reddit enables individuals and communities to engage in conversations, exchange ideas, and contribute to an ever-evolving tapestry of knowledge and entertainment. Reddit was founded in 2005 and is based in San Francisco, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-06 Reddit

San Francisco, California, United States

Reddit is an online platform that brings together a diverse and global community of users to share, discuss, and discover content on a vast array of topics. As a social news aggregation and discussion website, Reddit enables individuals and communities to engage in conversations, exchange ideas, and contribute to an ever-evolving tapestry of knowledge and entertainment. Reddit was founded in 2005 and is based in San Francisco, California.

Sell -