Regent Media, a private equity firm, has acquired TechCrunch from Yahoo. This acquisition comes shortly after Regent purchased Foundry, which includes PCWorld, Macworld, and TechAdvisor. TechCrunch has undergone multiple ownership changes since its inception in 2005, particularly after being bought by AOL in 2010. With Yahoo's decision to sell TechCrunch attributed to differing corporate missions, the site still maintains a minor ownership stake with Yahoo, alongside its other media properties.
"Yahoo decided to sell TechCrunch because, in the end, our DNA is simply different from the rest of its portfolio," TechCrunch editor-in-chief Connie Loizos writes in the announcement.
Regent is the same company that snapped up Foundry, the firm behind outlets like PCWorld, Macworld, and TechAdvisor on Thursday.
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