Tuesday, November 13, 2012

j2 Global Buys Ziff Davis Media

Eying Ad Network Capabilities, j2 Global Buys Ziff Davis Media: Cloud services provider j2 Global has acquired long-standing tech media publisher Ziff Davis Media (ZDM), the companies announced Monday. The purchase is for $167 million and is expected to be immediately accretive, according to the release. The transaction will be funded from j2's cash on hand.