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AOL to Buy TechCrunch Sites, Adding Technology Blogs

AOL Inc., the Internet company spun off from Time Warner Inc., agreed to buy technology-blog owner TechCrunch Inc. to add news content and advertising revenue.

TechCrunch’s blogs will become part of the AOL Technology Network “while retaining their editorial independence,” AOL said today in a statement. The company paid about $25 million, according to two people familiar with the matter who asked not to be identified because the terms weren’t made public.