Tuesday, January 3, 2012

Ziff Davis Buys Toolbox.com

Ziff Davis Buys Toolbox.com: Ziff Davis has acquired Scottsdale, AZ-based Toolbox.com, a knowledge-sharing network of online communities in the IT, HR and finance verticals. The deal is ZD's fourth in the last year.
Terms were not released, but former owners Corporate Executive Board bought the network, which launched in 1998, in July 2007 for $58.9 million.