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| PR Newswire · Aktuelle PR Newswire Nachrichten · Archiv |
| 01.06.2006 08:04 |
UNITED BUSINESS MEDIA PLC: Acquisition(s) |
United Business Media acquires Cable Digital News Inc.
United Business Media plc announced today that it has acquired Cable Digital
News Inc. for a cash consideration of $300,000.
Cable Digital News, www.cabledigitalnews.com, is a 10 year-old online B2B media
business providing news and analysis of the North American cable industry. The
site attracts more than 20,000 unique visitors a month from the cable
industry's professional community. Cable Digital News will be immediately
integrated into Light Reading, www.lightreading.com, CMP Technology's online
telecommunications technology and services platform. Cable Digital News extends
Light Reading's editorial content and readership, in particular enabling Light
Reading to further enhance its coverage of all IP-based communications networks
and services.
In addition to the initial consideration, the acquisition includes a potential
maximum earn-out of $100,000, subject to performance criteria over the next six
months.
- Ends -
Contacts
Media
Peter Bancroft Director of Communications
E-mail communications@ubmgroup.biz
Direct telephone +44 20 7921 5961
Chris Barrie Citigate Dewe Rogerson
E-mail chris.barrie@citigatedr.co.uk
Direct telephone +44 20 7282 2943
Mobile +44 796 872 72 89
Analysts
Catherine Southgate Head of Investor Relations
Email investorrelations@ubmgroup.biz
Direct telephone +44 20 7921 5031
Notes to Editors
1. About United Business Media plc
United Business Media is one of the world's leading global business information
companies. UBM brings together the world's buyers and sellers, helping their
markets work effectively and efficiently through PR Newswire's news
distribution network and CMP's portfolio of events, print and on-line
publications. For more information, go to www.unitedbusinessmedia.com
About PR Newswire - PR Newswire is the world's leading corporate news
distribution service. Headquartered in New York, PR Newswire distributes news
globally on behalf of over 40,000 customers, including many of the world's top
companies and agencies, helping them take the latest news to the media, the
investment community, and the general public. For more information, go to
www.prnewswire.com
About CMP - CMP's portfolio of more than 200 newspapers, magazines and
directories, 200 websites and 300 events brings together buyers and sellers
from a range of global sectors including technology, healthcare, the built
environment, lifestyle, fashion and ingredients.
CMP operates globally through four divisions:
CMP Technology - CMP Technology is the USA's leading high tech B2B media
company, providing marketing solutions for the global technology industry.
Through its market-leading portfolio of trusted information brands, CMP
Technology has earned the confidence of more technology professionals than any
other media company. As a result, CMP Technology is the premier provider of
access, insight and actionable programs designed to connect sellers and buyers
in ways that yield superior return on investment. For more information, go to
www.cmp.com
CMPMedica: CMPMedica provides information and education to healthcare
professionals and patients around the world. It has a unique portfolio of
professional media products including newspapers, magazines, drug directories,
electronic databases, websites and events. For more information, go to
www.cmpmedica.com
CMP Information: Operating in the UK and internationally, CMPi provides
professional media solutions to around 20 industry sectors. Its products
include magazines, exhibitions, conferences, awards programs, information
products and websites, targeted at business professionals across a range of
markets such as the built environment, travel, licensed trade, agriculture,
security and ingredients. For more information, go to www.cmpi.biz
CMP Asia: Headquartered in Hong Kong with offices throughout the region, CMP
Asia is a leader in exhibitions and online and print business information
publications for Asian markets. Working with partners from around the world,
CMP Asia stages a range of leading events which includes the largest
international jewellery, leather and fashion, beauty and furniture trade shows
in Asia, as well as the definitive health show for the Japan market. For more
information, go to www.cmpasia.com
END
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