Engadget, the well-known technology news site, has been sold by Yahoo to Static Media. The deal, agreed upon in early February and expected to finalize by March, was communicated to Engadget staff weeks ago. Yahoo’s chief communications officer, Sona Iliffe-Moon, explains this change as part of Yahoo’s strategy to concentrate on its core brands, while Static Media aims to grow editorial media businesses. Details of the transaction remain undisclosed.