Aol to Buy Tech Blog Techcrunch

Summary


AOL Inc. said Tuesday that it will buy technology blog TechCrunch and its sister sites for an undisclosed amount in a bid to expand its news production.

AOL CEO Tim Armstrong and TechCrunch founder Michael Arrington made the announcement onstage at TechCrunch's Disrupt conference in San Francisco. They signed the acquisition agreement in front of the audience. Armstrong said TechCrunch is something New York-based AOL - - which owns a number of tech blogs, including Engadget -- has been interested in "for a while."

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Aol to Buy Tech Blog Techcrunch

The deal includ...

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