OLD Media Moves

Computer Weekly sold, will shut print operations

March 29, 2011

Computer Weekly has been sold to TechTarget Inc., which plans to end its print edition next month.

An Associated Press story states, “The acquisition from Reed Business Information Ltd. also includes Computer Weekly affiliate, MicroScope. Financial terms weren’t disclosed.

“The deal announced Monday signals the end of Computer Weekly and MicroScope in print. TechTarget said it intends to close the print editions after the acquisition is completed in late April.

“Computer Weekly, started in 1966, says its website attracts about 425,000 visitors per month.

“TechTarget, started in 1999, operates more than 90 websites focused on different technology topics, such as data storage and computer security. The company, based in Newton, Mass., lost $1.2 million on $95 million last year.”

Read more here.

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