Ars Technica, known for bringing thorough and professional content to the blogosphere, has been acquired by Condé Nast Publications for an estimated $25 million. Nice chunk of change for a blog. Truth be told, I think it was a brilliant move by the company, and I hope they integrate more of the great content on Ars to the Wired.com site.
Is it good or bad that premiere journalistic publications are now snatching up blogs? Truth be told, I am not sure. On the one hand, you can assume that blogs are becoming a more valuable resource, and large publications are willing to shell out the green stuff to snatch them up. However, it also shows the willingness of bloggers to sell out. What happens when all the large publications reap the profits of smaller blogs that are snatched up left and right, and then, perhaps, gain monopolistic ties with advertising entities?
However, I would just like to congratulate Ars Technica. I really do like Wired Magazine and Wired.com. Hopefully this combination works out well, and I am looking forward to more great content from Ars Technica in the future.