Online tech publisher David Ross has just bought the consumer website bit-tech.net from Dennis Publishing.
For the benefit of those who do not know who David Ross is, he is the man with a net worth of £710 million, who co-founded The Carphone Warehouse, founded BOXFX, HEXUS.net as well as work for or with countless other companies.
Bit-tech will be managed and published by David Ross and his team with immediate effect, David had this to say;
The opportunity to expand upon the already strong Bit-Tech brand by working with another proven publisher in the tech space is incredibly exciting
We’re looking forward to publishing an even better site for our users and our partners
This represents another milestone in the groups’ ambitious plans for expansion as the tech and enthusiast market continues to grow
Both Hexus and Bit-tech will continue to act as separate entities, however both will be made to complement each other, with Bit-tech playing more to the "pure play enthusiast" and "the extreme modder" and Hexus providing a more broad variety of tech reviews and articles.
Undoubtedly this will spell a big change for Bit-tech, not from a content standpoint but from a marketing and management standpoint. David Ross will his existing experience, contacts and existing co-publications will be able take Bit-tech forward as a brand as well as make it a more profitable business.
What do you guys think of the Ross' acquisition? Do you think this will affect OC3D? Please comment below.
Source - pcr-online.biz