Overview

• Keleops completed the acquisition of Kotaku on July 2 for an undisclosed sum, expanding its U.S. tech media portfolio.
• The European firm said it will keep all existing Kotaku employees in place and invest in new journalist hires.
• This deal follows Keleops’s 2024 purchase of Gizmodo, underscoring its growth-by-acquisition strategy in gaming and tech news.
• G/O Media, owned by private equity firm Great Hill Partners, is left with only The Root as it winds down other digital operations.
• Keleops plans to leverage greater scale and lead-generation partnerships to counter declining ad revenue and AI-driven content pressures.