Wellington blog scooped up by US company

Wellington technology blog, ReadWriteWeb, has been purchased by San Francisco digital publishing company Say Media.

TechCrunch is reporting the deal is worth US$5 million.

ReadWriteWeb was launched in 2003 by Richard MacManus, and now employs a staff of just under 20, who are mostly based in the US.

Richard MacManus has revealed ReadWriteWeb attracts about 5 million page views and 2.75 million unique visitors each month.

You can read more over at stuff.co.nz

Tags: ,

Comments are closed.