It has been confirmed that Conde Nast, owner of Wired and other magazines, acquired Boston-based Reddit earlier this morning, and will make the announcement later today. All four reddit employees will relocate to Wired’s San Francisco office. This is what I hope happens to me someday. I would be so happy if I could be bought out by a bigger company and be able to retire. With the news of Reddit, I wonder how much longer till Digg gets acquired. It is only a matter of time, since the new dot com buying spree is beginning again. I give them a couple weeks.