AOL calls on technology blog TechCrunch for merger once again
28 Sep 2010
America Online Inc (AOL), the US-based global Internet services and media company is planning to add another reputed blog to its stable by opening talks to buy technology blog TechCrunch.
Citing a person familiar with the devfelopment, The Wall Street Journal today reported on a possible deal but could not confirm the terms and status of the transaction.
AOL and TechCrunch had discussed a merger a few years ago, but since nothing come out of it, the Journal said that there is no guarantee a deal could materialize this time.
According a report by GigaOm, a Web 2.0 blog started by Om Malik, which also reported on the possible merger of AOL and TechCrunch, the deal is likely to be announced at TechCrunch's flagship Conference Disrupt currently underway in San Francisco.
TechCrunch is a widely respected technology blog operating from Silicon Valley and offers technology news and analysis, as well as profiles start-up companies, products and websites.
It was founded in 2005 by serial entrepreneur and lawyer Micheal Arrington and the blog has gained a reputation of breaking news in the technology sector.
Within a year of being launched, TechCrunch came into the limelight when it first broke the news of Google's acquisition of YouTube in 2006.