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. IDG's 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 ...
Source: appleinsider.com