AOL Acquires TechCrunch [Techcrunch]

The rumors have proven true: AOL is snapping up Michael Arrington's TechCrunch family of sites. The site will share a stable with AOL's other major tech property, Engadget, along with TUAW, Switched, and DownloadSquad. Terms of the deal weren't disclosed, but Business Insider has a source claiming the site went for $25 million. More »

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