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"AOL has acquired gdgt, a popular tech blog that focuses on product reviews, for an undisclosed sum in a move that could expand the network's content offerings and shopping data.\nGdgt confirmed the acquisition, which had been rumored for more than a week, in a blog post: \"At AOL, gdgt will only continue to grow and evolve as the best premium destination for purchase intelligence, recommendations, user reviews, shopping data, and community-driven content about personal technology.\"  \nBoth gdgt and AOL confirmed the acquisition to TechCrunch, another website now owned by AOL. \nIn some ways, the deal is a natural fit. Gdgt was launched in 2009 by Peter Rojas and Ryan Block. Rojas was the co-founder and former editor-in-chief of Engadget \u2014 another tech property acquired by AOL \u2014 and Block was an early editor there as well. Though they ultimately left AOL and Engadget to start gdgt, the founders started working with Engadget again last year to provide the latter with product data.\n'We got to talking further and realized that gdgt, its team, its technology, and perhaps most importantly its DNA, were a natural fit for AOL\u2019s world-class lineup of tech sites,\" Block wrote in the blog post announcing the news. \"Well, one thing led to another, and here we are.\" \nTechCrunch reports hearing that the deal was in the \"high\" seven figures and may lead to Block becoming head of product for AOL's tech media. Block and Rojas both will be consulting with AOL's other tech properties \nImage courtesy of Flickr, Max Kiesler"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2013/02/13/aol-acquires-tech-product-review-site-gdgt/>