Gizmodo Sold to European Company Keleops Media

In a move that is set to shake up the tech news landscape, popular tech news website Gizmodo has been sold to European digital media company Keleops Media. The sale, which was announced in a company-wide email by G/O Media CEO Jim Spanfeller, marks a significant shift in the ownership of the site.

Gizmodo’s new owners are excited to take the reins

According to reports, Keleops Media approached G/O Media with an offer to purchase Gizmodo, which was accepted after serious consideration by the board of directors. The sale price remains undisclosed, but it is reportedly a substantial premium on the original purchase price of the site.

The Future of Gizmodo

Under the terms of the transaction, the Gizmodo staff will continue to work from their current offices in New York City, at least for the near term. This move is seen as a positive development for the site, which has established itself as a leader in tech journalism over the past two decades.

Gizmodo’s unique approach and voice have made it a vital player in tech journalism

G/O Media CEO Jim Spanfeller praised the company’s sales and marketing teams, as well as the development group, for their hard work in improving the site’s features and marketing. The increased valuation of the site is seen as a testament to the work of the entire team.

What This Means for Tech Journalism

The sale of Gizmodo to Keleops Media marks a significant shift in the tech news landscape. With its new owners, the site is poised to continue its mission of covering technology and related vertical subjects with a unique approach and voice.

The future of tech journalism looks bright

As the tech news landscape continues to evolve, one thing is clear: Gizmodo is in good hands. With its talented group of journalists and its new owners, the site is set to continue its reign as a leader in tech journalism.