Tech news site Gizmodo sold for third time in 8 years as European publisher Keleops looks to expand

Published June 4, 2024 11:31 AM

NEW YORK (AP) — Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years. This time the buyer is a European publisher looking to expand its coverage of the digital scene. Paris-based Keleops didn’t disclose how much it paid for Gizmodo in its Tuesday announcement of the deal. Gizmodo fetched $135 million in 2016 when Univision Communications bought it after its previous owner, Gawker Media, went bankrupt after losing a legal battle with former professional wrestler Hulk Hogan. Univision subsequently sold Gizmodo and the satirical publication, The Onion, to Boston investment firm Great Hill Partners in 2019.

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