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Gawker Media Buys Latino Site Guanabee

12/04/2012 03:07 pm ET

Gawker Media, the online publishing network that's home to popular blogs like Gawker, Gizmodo, and Jezebel, has purchased Guanabee, an English-language site focused on Latino news and culture, for an undisclosed amount. The purchase comes as Gawker founder and CEO Nick Denton seeks to expand Gawker's international influence and, as Business Insider reports, "to accelerate growth in Latin America."

In addition to acquiring Guanabee, Gawker Media is launching a site in Hungary (where much of the company's tech staff is based) and working on a deal to expand its reach in India.

Read more on ABC News/Univision

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