Tom's Hardware sold for $15 million to $20 million

[Bastieeeh]

A rumor has it that the publishing company behind Tom's Hardware was sold for a whopping $15 million to $20 million US dollars. All the site's CEO, Omid Rahmat, confirms at the moment is that the company has been sold and they will make an official announcement soon.

View at TechPowerUp Main Site

 

[NamesDontMatter]

damn power to them.

 

[jocksteeluk]

id say that is a pretty cheap price for such a well known name as that µ.

 

[NamesDontMatter]

sure its well known, but theirs alot of other buisness/financial factors involved(Many of which we don't and won't know about). I'm almost positive they are happy with their millions

 

[Kreij]

I knew I should have started that hardware site I was thinking about 10 years ago. DOH!

They have a nice site, but I like TPU better.

 

[RickyG512]

so some little computer fanboy makes a website bout his interests computers and sells it for 20 mil, wtf

 

[Kreij]

so some little computer fanboy makes a website bout his interests computers and sells it for 20 mil, wtf

Capitalism at it's finest.
Never believe anyone who says you couldn't do it too.

 

[WarEagleAU]

Tom's Hardware is an awesome site. I love it there. Good for them.

 

[russianboy]

w1z, don't you dare

 

[Dark Ride]

Don't worry. TPU is "only" worth approx. $280.000 USD. I'm pretty sure that he wouldn't want to sell it at that price.

 

[Bastieeeh]

TPU is "only" worth approx. $280.000 USD.

I'll take two! =)


No, to be honest, that is a damn huge number...

 

[Dark Ride]

I'll take two! =)


No, to be honest, that is a damn huge number...

Nimm 2

 

[russianboy]

$280?

 

[Dark Ride]

$280?

No. Two hundred and eighty thousand USD.

 

[demonbrawn]

$280,000. Lots of people use "." instead of ","

 

[Completely Bonkers]

For DOLLAR, use , for thousand and . for decimal.

For EURO, use . for thousand and , for decimal.

Odd, but these are the international standards. (ISO)

 

[russianboy]

We use rubles.

 

[Easy Rhino]

Don't worry. TPU is "only" worth approx. $280.000 USD. I'm pretty sure that he wouldn't want to sell it at that price.

hrm. so if TPU sold all of its assets and added up its current cash from advertising sales it would be worth $280,000. im curious as to how that all adds up.

 

[russianboy]

Am I (the TPU slave) included?

 

[ex_reven]

Am I (the TPU slave) included?

yes, +.5

 

[XooM]

thats astoundingly high for such a horrendous monstrosity of journalism at its worst... But, then again, bias and "financial backing" go a long way in capitalism, don't they.

TPU

 

[ex_reven]

its all about who you know and how you know them.
In this case, the site is known and visited by a shitload of people.
Therefore it has a good position to offer a prime position for advertising and influencing the hardware market. You gotta spend money to make money

 

[Zalmann]

Toms Hardware has been one of the pioneers of IT Journalism. I remember when I first started in IT, Toms Hardware was my main source of IT news/reviews/opinions. Sure, they have had their share of controversy (ie the NVIDIA fiasco), but this is the same with the industry (journalism that is) as a whole and not just the IT sector.

Dr. Tom Pabst (MD) will always be highly regarded in my books, he helped shape the industry to what we know as today, including TPU. Overclockers as we know them today, all owe something to Dr Tom, who was one of the pioneers of overclocking.

Here is a link about Dr Tom for those interested.
http://www2.tomshardware.com/site/personal.html

 

[yogurt_21]

it's not toms hardware that is worth the estimated 20mil, its the publishing company.
as nice as it would be there really isn't that much money in it sites. lol

 

[ex_reven]

i see...

so its 20 million virtual dollars