Tech-News Site Gizmodo Sold to European Media Firm Keleops, Which Says It Will Retain Entire Editorial Staff
variety.comTodd Spangler NY Digital Editor Gizmodo, the 22-year-old tech news site, is the latest asset sold by G/O Media, which has been steadily shedding media properties for more than a year.
Gizmodo’s new owner is Keleops, a European online tech-media company with offices in Switzerland and Paris, France, that was originally founded 10 years ago as a performance-marketing firm.
Financial terms of the deal weren’t disclosed. According to G/O Media and Keleops CEO/founder Jean-Guillaume Kleis, all of Gizmodo’s staff members will be kept on board with the sale.
For the time being, Gizmodo employees will remain based in New York City. “Acquiring Gizmodo represents a strategic move for Keleops as we continue to strengthen our presence and leadership in the tech media industry,” Kleis said in a statement. “Gizmodo is an iconic technology news brand with strong recognition worldwide, and I am delighted to welcome such a high-quality and trusted brand into Keleops family.” G/O Media, a private-equity backed firm formed in 2019, had acquired Gizmodo from Univision, along with other sites formerly housed under the Gizmodo Media Group (which Univision had acquired in a bankruptcy sale of Gawker Media’s assets).
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