AOL bought TechCrunch

The rumors were confirmed: a press release was published that AOL Inc. entered into an agreement to acquire TechCrunch, Inc. - A company that owns and operates the TechCrunch website and related projects. TechCrunch will join AOL Technology Network while maintaining its editorial independence.

This was announced at TechCrunch Disrupt in San Francisco.

Terms of the transaction were not disclosed, but according to different sources of Business Insider , its amount ranged from 25 to 40 million dollars.