Tech news site Gizmodo sold for third time in 8 years as European publisher Keleops looks to expand

Tech news site Gizmodo sold for third time in 8 years as European publisher Keleops looks to expand

NEW YORK (AP) — Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years. This time the buyer is a European publisher looking to expand its coverage of the digital scene. Switzerland-based Keleops didn’t disclose how much it paid for Gizmodo in its Tuesday announcement of the deal. Gizmodo was part of a $135 million deal in 2016 when Univision Communications bought its previous owner, Gawker Media…

Tech-News Site Gizmodo Sold to European Media Firm Keleops, Which Says It Will Retain Entire Editorial Staff

Gizmodo, the 22-year-old tech news site, is the latest asset sold by G/O Media, which has been steadily shedding media properties for more than a year. Gizmodo’s new owner is Keleops, a European online tech-media company with offices in Switzerland and Paris, France, that was originally founded 10 years ago as a performance-marketing firm. Financial […]

Tech news site Gizmodo sold for third time in 8 years as European publisher Keleops looks to expand

NEW YORK (AP) — Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years. This time the buyer is a European publisher looking to expand its coverage of the digital scene. Paris-based Keleops didn’t disclose how much it paid for Gizmodo in its Tuesday announcement of the deal. Gizmodo fetched $135 million in 2016 when Univision Communications bought it after its previous owner, Gawker Media, went b…

Tech news site Gizmodo sold for third time in 8 years as European publisher Keleops looks to expand

Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years. This time the buyer is a European publisher looking to expand

Founded in 2002, Gizmodo is resold by the private equity firm Great Hill Partners, through its G/O Media group.

Gizmodo Acquired by French Media Firm Keleops

Technology publisher Gizmodo was acquired Tuesday by French media company Keleops, according to its founder and CEO Jean-Guillaume Kleis. Financial terms of the transaction were not disclosed. The entire Gizmodo staff will receive offer letters to stay with the company, and Keleops plans to expand the team in the near future. "Gizmodo is one of...