AnandTech: AnandTech Acquired by Purch

[chartiet]

Over the past several years AnandTech has grown to be much more than just a PC hardware review site. In fact, we consider ourselves to be just as much about the new mobile world as we do about the old PC world. We leveraged our understanding of component and system architecture in bringing a deeper, more analytical look to mobile silicon and devices. As we continued to invest in our mobile coverage and expertise, we found that readers, mobile component and device makers responded quite well to our approach.

AnandTech’s focus grew, but we quickly ran into a bottleneck when it came time to monetize that mobile content. Our mobile content did a great job of helping to grow the site (as well as bring new eyeballs to our traditional PC coverage as well). While we had no issues competing with larger corporate owned sites on the content front, when it came to advertising we were at a disadvantage. Our advantage in quality allowed us to make progress, but ultimately it became a numbers game. The larger corporate owned sites could show up with a network of traffic, substantially larger than what AnandTech could deliver, and land more lucrative advertising deals than we were able to. They could then in turn fund a larger editorial operation and the cycle continues.

AnandTech has been profitable since its inception; it’s been on a great growth curve these past couple of years and we’ve always been able to do more with less, but lately there’s been an increased investment in high quality content. It wasn’t that long ago where the only type of content seeing real investment was shallow, poorly researched and ultimately very cable-TV-news-like. More recently however we’ve seen a shift. Higher quality content is being valued and some big names (both on the publishing and VC fronts) have been investing in them. Honestly we haven’t seen a world like this in probably over a decade.

Before his departure, Anand spent almost a year meeting with all of the big names in the publishing space, both traditional and new media players. The goal was to find AnandTech a home with a partner that had a sustainable business model (similar to AnandTech’s), but could add the investment and existing reach to allow the site to better realize its potential. That search led to a number of interesting potential partners; it was a refreshing experience to say the least knowing that there are groups in the world who really value good content. Ultimately that search brought AnandTech to Purch.

Purch met the requirements: they have a sustainable business model, are profitable and have the sort of reach AnandTech needs to really hit the next level. More fundamentally however, Purch’s values are in line with AnandTech’s. In fact, it wasn’t that long ago that Purch acquired one of AnandTech’s biggest competitors in the late 1990s: Tom’s Hardware. Purch had already demonstrated a value for the sort of deep, long form content AnandTech was known for. In meeting with the Purch business and editorial teams, there was a clear interest in further developing AnandTech’s strengths as well as feeding back AnandTech’s learnings into the rest of the Purch family.

AnandTech and Tom’s Hardware remain editorially independent, and though no longer competitors, the goal is to learn from one another. To further invest in the areas that make us different, and together with the rest of the Purch family help to bring a higher standard of quality to the web.

The AnandTech team is staying in place and will continue to focus on existing coverage areas. We’re not changing our editorial policies or analytical approach and have no intentions of doing so. The one thing that will change is our ability to continue to grow the site. This if anything starts from the top; with a publisher to more directly handle the business of AnandTech, this frees me up to spend more time on content creation and helping the rest of our editors put together better articles. And in a hands-on business like journalism that benefit cannot be overstated.

AnandTech was an incredibly powerful force as an independent publisher, but it now joins a family whose combined traffic is eight times larger than what AnandTech was on its own. Our goal is to continue to invest in what we feel is the right approach to building high quality content; now we have an even greater ability to do just that.

Source: AnandTech

The end of AnandTech?

[Mr.Scott]

Possibly.
Tom's has been a joke for years. I hope Anandtech does not follow that path.

[Urbanfox]

I hope Anand got A LOT of money, because this scared the crap out of me:

In fact, it wasn’t that long ago that Purch acquired one of AnandTech’s biggest competitors in the late 1990s: Tom’s Hardware.

[musicfan]

Hard to say whether Anandtech will end or not. It's probably up to the new owner. It is still a good brand and draws readers. Could it perhaps be like other media where an owner is supposed to keep advertising staff from influencing the news/opinion writers?

Anandtech - like others - deserves close scrutiny, especially credibility of reviews that many depend on to buy. For example will they still dissemble parts down to the last screw for accuracy to deliver the quality review we want and they are noted for? Glad you guys will be helping me look.

On the other hand, can't blame Anand for being a businessman - only thank him for the good years so far. My $.02...

[PommieB]

Just have to wait and see, but I think Anandtech will end up being similar to a lot of other like Tom's Hardware, I find a lot of my old favorites so inundated with adverts you spend most of your time clicking away adverts than you do reading the sites content. Times have changed, it's all about making money these days.

[Slizzo]

Well, I would say the writing has probably been on the wall since Anand left to go work at Apple earlier this year..

[Macsbeach98]

When I first started on the Net in the 90's the three hardware sites I used to read were Hardocp, Anandtech and Toms hardware.
Toms went downhill a long time ago I sure hope Anand dont go the same way.
If it aint broke dont try and fix it.

[Clone of 501]

I agree Tom's has gone downhill since I started visiting years back. I don't even check Tom's anymore. I go to anandtech for benchmarks by de facto now instead of Tom's.

On a sort of related note, what do you guys think of wccftech?

[killermodz]

From Shimpi to "Oh ****!", 3 1/2 months.