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August 26, 2008 7:53 PM PDT

Technorati acquires 'online magazine' Blogcritics

Posted by Caroline McCarthy
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Technorati Media, parent company of blog search site Technorati, has acquired Blogcritics.org. The newly purchased site is a user-fueled "online magazine" for bloggers that was already a member of the newish Technorati Media ad network.

Financial terms of the deal were not disclosed, but Technorati has said that it plans to keep Blogcritics an intact, separate property.

With the acquisition, Technorati says it hopes to help Blogcritics contributors make some money, as well as scale the property to give it more reach. "As part of Technorati Media, we'll be able to grow the community and further improve our platform to attract new audiences," Blogcritics founder Eric Olsen said in a release. "Technorati's mission to help bloggers and people who read blogs is the ideal complement for us."

Acquiring content properties, however, likely won't change the fact that Technorati has been losing ground to Mountain View, Calif.-powered Google Blog Search and (to an extent) the search feature that Twitter built into its technology when it bought Summize. Technorati founder David Sifry has long since left the company, and he's now at the helm of a new start-up called Offbeat Guides.

Caroline McCarthy, a CNET News staff writer, is a downtown Manhattanite happily addicted to social-media tools and restaurant blogs. Her pre-CNET resume includes interning at an IT security firm and brewing cappuccinos. E-mail Caroline.
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About The Social

CNET News' Caroline McCarthy is a downtown Manhattanite who believes that, despite popular opinion, the Web can actually help your social life. She's happily addicted to fun social-media tools from Twitter to Yelp to Facebook, sends an inordinate number of text messages, and has a tendency to waste time at the office reading restaurant blogs. Here, she explores all facets of the Web's gregarious side, as well as the unique tech culture in her home city of New York. (Don't call it Silicon Alley.)

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