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Blackstone acquires media & data firm IDG for $1.3B

Blackstone acquires media & data firm IDG for $1.3B ​ By IANS | ​ 0 Views Blackstone acquires media & data firm IDG for $1.3B. Image Source: IANS News New Delhi, June 4 : Leading investment firm Blackstone has acquired media and data company International Data Group (IDG) for $1.3 billion. Private equity funds managed by Blackstone entered into a definitive agreement to acquire IDG from Oriental Rainbow, a subsidiary of China Oceanwide Holdings Group. Founded in 1964, IDG provides market ...
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Blackstone To Acquire International Data Group For Enterprise Value Of $1.3 Bln

Blackstone To Acquire International Data Group For Enterprise Value Of $1.3 Bln NEW YORK CITY (dpa-AFX) - Blackstone (BX) said that it agreed to acquire International Data Group Inc. from Oriental Rainbow LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd., for an enterprise value of $1.3 billion. Founded in 1964, International Data Group provides market intelligence for the fast-growing technology industry. For more than five decades, it has delivered proprietary insights and data fo...
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Blackstone acquires tech publisher IDG for $1.3B, as private equity strikes again – TechCrunch

It’s been a busy week for private equity with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. Today Blackstone bought media and data company IDG for $1.3 billion. The company had been owned by Oriental Rainbow, LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd. With IDG, Blackstone gets […]
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Blackstone buying MacWorld, ComputerWorld publisher IDG for $1.3 billion

CIO, and Tech Hive. IDGs media arm used to be a powerhouse in the 90s, but has since faded because of continuing pressure on the publishing industry. "The high-quality data, analytics, and insights IDG delivers to technology leaders are only becoming more critical as the pace of growth and innovation accelerates. IDG has a trusted brand and deep knowledge of tech suppliers and buyers, and our investment will help the company accelerate its plans for creating even more advanced product offering...
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Blackstone buying MacWorld, ComputerWorld publisher IDG for $1.3 billion - General Discussion Discussions on AppleInsider Forums

Blackstone buying MacWorld, ComputerWorld publisher IDG for $1.3 billion Credit: IDG Blackstone signaled plans to purchase IDG from Oriental Rainbow, a subsidiary of China Oceanwide Holdings Group, on Thursday. IDG is a market intelligence firm that also owns several technology publications. The deal means that Blackstone now owns analysis firm IDC, as well as tech publications like Macworld, CIO, and Tech Hive. IDGs media arm used to be a powerhouse in the 90s, but has since faded because o...
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