Yahoo is selling Engadget to Static Media
TL;DR
Yahoo has sold the tech news site Engadget to Static Media in a deal signed in February, set to close in March, as part of Yahoo's focus on core brands.
Engadget, the long-running tech news website, has a new owner. Yahoo sold the publication to Static Media in a deal that was signed in early February and is scheduled to close later this March. (Terms of the deal weren't disclosed.) The deal hasn't yet been publicly announced, but a source familiar with the publication says Engadget staff was told a few weeks ago and has already met with the new owners.
"This move reflects Yahoo's focus on our core brands, while aligning Engadget with an owner whose primary focus is operating and growing editorial media brands," says Sona Iliffe-Moon, Yahoo's chief communications officer, in a statement to …