Hometown Huntington Beach, Calif., boy TechCrunch Founder Michael Arrington is now a rich man. AOL bought TechCrunch. PaidContent reports
TechCrunch will remain in San Francisco as a wholly owned AOL business unit. AOL CEO Tim
Armstrong, who flew out to San Francisco at the last minute, signed the contract with Arrington and CEO Heather Harde on stage at TechCrunch Disrupt—upstaging SF Mayor Gavin Newsom, Google CEO
Eric Schmidt and others.
