In their bid to capture more of the attention of the younger generation, CBS is set to acquire CNET Networks for the handsome price of US$1.8 Billion.
CNET Networks, Inc. () is an Internet-based American media company based in San Francisco, California co-founded in 1993 by Halsey Minor and Shelby Bonnie. A publicly held company, its stock trades on the Nasdaq Stock Market under the ticker symbol CNET. It has operations in 12 countries.
(Wikipedia)
CNet is one of our favourite places to visit for juicy gadget goss, so I hope they stay cool with the change. Grats to CNET!
Via BGR
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Tags: CBS, CBS acquire CNET, CBS CNET acquisition, CNET
