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Wired Mag Reclaims Websites

Wired magazine is about to get back the online business it lost eight years ago, with Lycos saying it has agreed to sell its Wired News online properties for $25 million to Wired magazine publisher Conde Nast Publications, reports Reuters. When the deal is completed, Wired News will be operated as part of CondeNet - Conde Nast's online division. The transaction includes the sale of the Wired.com domain and Wired News assets. Lycos will retain original Wired online properties Hotbot, Hotwired and Webmonkey.

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