Yahoo is selling TechCrunch
TechCrunch has a new owner, again. Yahoo has sold the tech news site to the private equity firm Regent for an undisclosed sum, according to an announcement on Friday.
Regent is the same company that snapped up Foundry, the firm behind outlets like PCWorld, Macworld, and TechAdvisor on Thursday. Founded in 2005, TechCrunch has experienced many shakeups in ownership after AOL acquired the site in 2010.
When Verizon acquired AOL in 2015 and Yahoo in 2017, the company folded TechCrunch, Engadget, Yahoo Sports, and other sites into a new division called Oath, which later became Verizon Media. In 2021, Verizon sold its media division to Apollo Global Management for $5 billion, and it was renamed 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 writes in the announcement, noting that Yahoo will still have a “small interest” in TechCrunch.
Along with Yahoo Mail, Yahoo Sports, Yahoo Finance, and Yahoo News, Yahoo still owns the tech site Engadget, which laid off staff across its leadership team last year.
