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J2 Global's subsidiary Ziff Davis has acquired IGN and its stable of networks including UGO, 1UP, and AskMen. The price has not been revealed, but reports indicate that it was below the $100 million mark that News Corp was asking.
Gamers may recall that several years ago, 1UP and Electronic Gaming Monthly was owned by Ziff Davis, before being sold to Hearst. Then, just a couple of years ago, the Hearst properties were purchased by News Corp, the now former owner of IGN.
Now that Ziff Davis has purchased IGN from News Corp, 1UP is back at Ziff Davis. Kind of ironic, no?
