
Digital technology news outlet
TechCrunch has been sold by its previous owner Yahoo.
“TechCrunch has a shiny new home,” the publication noted in its Friday announcement, which named Regent, a California-based
private equity firm that owns dozens of companies in the media, retail and manufacturing industries.
According to TechCrunch, Regent's founder Michael Reinstein has “an undeniable
passion” for the tech-first publication, aligning with Regent's recent acquisition of Foundry, the firm behind PCWorld, Macworld and TechAdvisor.
Since its launch in 2005, TechCrunch has
become a central force in reportage on the tech start-up world, especially in Silicon Valley.
Over the years, the company has experienced various changes in ownership. In 2010, AOL acquired the
website. Between 2015 and 2017, Verizon acquired AOL and Yahoo and reorganized TechCrunch, Engadget and other outlets into a new division called Oath, and then Verizon Media.
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Verizon sold its
media division in 2021 to Apollo Global Management for $5 billion, which was renamed as Yahoo.
“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 stated in the announcement.
TechCrunch says it has steadily regrown its readership over the past year.