GigaOM Buys paidContent in Blogosphere Acquisition
Tech news and editorial publication GigaOm, which also runs the Structure big data conference in New York that theCube has attended in the past, announced that it has acquired paidContent from Guardian News & Media. According to a newly published press release and article, the paidContent staff will remain on payroll, and together with GigaOm’s crew the new team is comprised of 20 writers and editors.
The acquisition encompasses all of the sites paidContent is operating, including paidContent.org itself, mocoNews.net, contentSutra.com and paidContent:UK.
“With our shared commitment to journalistic ethics, GigaOM and paidContent are a natural fit,” said Paul Walborsky, CEO of GigaOM. “paidContent is the leading voice covering the evolution of media, an area that is very important to us. Integrating our teams will enrich our editorial coverage and expand our footprint immediately in two markets that are critical to our growth – New York City and the UK.”
The M&A scene in the IT blogosphere is not a particularly active one, so it’s notable when a deal does take place. It will also be interesting to see how GigaOm and paidContent manage to integrate beyond only the creation of a more unified,intercontinental news channel.
Since you’re here …
… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.
If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.
