Why Yahoo decided to sell TechCrunch
Connie Loizos, the editor in chief of TechCrunch, writes about why Yahoo sold the tech news site. Loizos writes, “Yahoo decided to sell TechCrunch because, in the end, our DNA is simply different from the rest of its portfolio. While Yahoo Sports, Yahoo News, and Yahoo Finance excel at aggregation, TechCrunch has always been about […]
Yahoo sells TechCrunch for undisclosed amount
Yahoo sold the tech-news site TechCrunch to investment company Regent for an undisclosed amount, reports Todd Spangler of Variety. Spangler reports, “The announcement of deal comes a day after news that Regent acquired Foundry, home of PCWorld, Macworld, InfoWorld, CIO, TechAdvisor and other tech publications, from International Data Group (IDG). “Financial terms of the deals for TechCrunch […]
WSJ parent agrees to buy two intelligence companies
Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and MarketWatch.com has agreed to acquire two intelligence firms for $40 million to expand its risk and compliance business. It is buying Dragonfly Intelligence, a geopolitical and security intelligence provider, and Oxford Analytica, a provider of geopolitical intelligence advisory services from FiscalNote Holdings Inc. The […]
Crain acquires parent of Oil and Gas Investor
Detroit-based Crain Communications announced Monday that it has acquired Hart Energy, a news and media company focused on the energy sector and headquartered in Houston, for an undisclosed amount. A story by Nick Manes of Crain’s Detroit states, “Hart Energy’s brands include Oil and Gas Investor, E&P and the DUG conferences, among others. Financial terms […]
Dow Jones acquires WorldECR news service
Dow Jones & Co. said Monday it acquired WorldECR, a provider of news on global export control and trade sanctions, for an undisclosed amount. WorldECR was founded in 2011 and its flagship operations include subscription-based specialist trade publications WorldECR and Export Compliance Manager Based in London, WorldECR subscribers include corporations, law firms, governments, professional services, research and […]
Ziff Davis is acquiring CNET for $100 million
Ziff Davis inked a deal to acquire CNET for about $100 million, marking the third corporate parent for the pioneering tech news and reviews site in four years, reports Todd Spangler of Variety. Spangler writes, “In 2008, CBS had acquired CNET Networks for $1.8 billion. In 2020, as Paramount Global (then known as ViacomCBS) was seeking to offload non-core assets, […]
BridgeTower Media buys Virginia Business
BridgeTower Media, which owns business publications across the country, has acquired Virginia Business magazine for an undisclosed amount. “We’re just real excited about the acquisition,” said BridgeTower CEO Hal Cohen. “It adds to the growing portfolio of the brands at BridgeTower.” In September 2009, Virginia Business publisher Bernie Niemeier led a private equity-funded purchase of […]
Is the Financial Times headed for a sale?
Dylan Byers of Puck muses that the Financial Times might be headed for a sale. Byers writes, “Several Nikkei board members have grown impatient with the Financial Times’ economic performance and a pushing for consideration of a sale, according to three sources with knowledge of the matter. The Japanese holding firm bought the FT nearly a […]
Twin Cities Business buys Tech.MN
Twin Cities Business has acquired Tech.MN, a news site focused on Minnesota’s startup community, for an undisclosed amount. A story on its website states, “‘We are thrilled to welcome Tech.MN readers to TCB,’ said Twin Cities Business editor-in-chief Allison Kaplan. ‘Tech.MN has been a valued resource for Minnesota’s startup community since 2009, and as TCB has […]
Dow Jones acquires AI company for fuel prices
Dow Jones said Tuesday it has acquired the artificial intelligence-powered fuel pricing solutions provider A2i Systems, without disclosing financial details about the deal, reports Michal Susin of The Wall Street Journal. Susin reports, “The New York-based media company said the acquisition of the Denmark-based company will contribute to its growing suite of AI capabilities and will operate […]
