The 20-year-old tech news site TechCrunch has a new owner again, as Yahoo has sold the tech news site to private equity firm Regent for an undisclosed amount, according to an announcement Friday.
Regent is the same company that bought Foundry, the company behind outlets like PCWorld, Macworld, and TechAdvisor, on Thursday, TheVerge reported Saturday.
Founded in 2005, TechCrunch has undergone multiple ownership changes since AOL acquired the site in 2010.
When Verizon acquired AOL in 2015 and Yahoo in 2017, it combined TechCrunch, Engadget, Yahoo Sports, and other sites into a new division called Oath, which later became Verizon Media.
In 2021, Verizon sold its media division to Apollo Global Management for $5 billion, and renamed it Yahoo!
“Yahoo decided to sell TechCrunch because, ultimately, our DNA is very different from the rest of our portfolio,” TechCrunch editor-in-chief Connie Loizos wrote in the announcement, noting that Yahoo will still own “a small stake” in TechCrunch.
Along with Yahoo Mail, Yahoo Sports, Yahoo Finance, and Yahoo News, Yahoo still owns tech site Engadget, which laid off its entire leadership team last year.