Tom's Hardware sold

"TG Publishing, the publisher of Tom's Hardware Guide, has been sold. We expect the deal to close this month, and will make an official announcement at the appropriate time. We believe that there are some very exciting times ahead for the company, and that our readers have a lot to look forward to. I hope that I can share our expectations with you shortly."

A rumour is doing the rounds that long established hardware site, Tom's Hardware, has been sold for a sum of between $15 million to $20 million.