Reddit acquired by Wired Digital - Boston, MA

Wired Digital, the online home of Wired magazine and Wired News, has acquired Reddit.com, a social aggregation news site that lets its users rank web content, the company said this week.Reddit.com, which is based in Boston. will relocate to San Francisco where Wired magazine is based. Reddit's four founders will direct Reddit as Wired Digital employees. Wired plans to build Reddit as an independent company in collaboration with Wired. Wired's parent company is Conde Nast.

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