Vox Media, parent of The Verge, acquires Re/code

The parent company of The Verge has agreed to acquire tech news site Re/code.

Nilay Patel of The Verge writes, “So when the opportunity to work more closely with Recode arrived, it made perfect sense: Recode covers the business of technology better than any other publication in the world. Kara and Walt have built a juggernaut of reporting talent and an unparallelled conference series designed for business leaders and executives, and the competition isn’t even close. Bringing Recode into the Vox Media fold means that The Verge can remain focused on being the best mainstream technology and lifestyle site in the world, and Recode can dig even deeper into how the money and business of technology works. Recode will maintain its site and branding, but over time we’ll work hard to find as many ways to work together as possible.

“We are making one change, though: Recode’s tremendous reviews team of Lauren Goode, Katie Boehret, and Bonnie Cha will join the Verge staff, and Walt Mossberg will be writing reviews and columns for both sites. It’s an exciting expansion of our already best-in-the-business tech news and reviews team, and I can’t wait to see what they do with The Verge’s incredible platform and resources.

“And that’s all just the start. We’re also increasing our overall investment in The Verge, and setting the stage to grow even bigger across the multiple platforms our audience finds us on every day. We’ve just hired new entertainment, science, and app reporters, and we are about to begin aggressively hiring transportation reporters.”

Read more here.