Tom’s Hardware sold for $15-$20 million

April 8th, 2007

“Tom’s Hardware Guide and its parent company TG Publishing have been sold to an undisclosed buyer for an undisclosed price. The deal will close later this month, said Omid Rahmat, CEO of Tom’s Publishing, in a letter to the Inquirer. The rumored price, however, is $15-$20 million. Tom’s Hardware is an established news site for tech professionals that most geeks have encountered at least once - the network of sites (including versions in different countries - a total of 12 editions worldwide) reports 50M monthly pageviews and 5M unique monthly visitors…” (Read full article here)

Entry Filed under: World & Business, e-Life