Tuesday, February 5, 2013

Felix Dennis Returns To Aquire Computer Active

http://www.brandrepublic.com/media/article/1169628/felix-dennis-returns-computer-active-acquisition/
Felix Dennis, the entrepreneur who made millions from computing magazines in the eighties, has returned to his roots with his company's acquisition of Computer Active today. Dennis Publishing’s acquisition of Computer Active from Incisive Media for an undisclosed sum is effective immediately, with 14 staff from editorial and commercial transferring with the business. Launched in 1998, Computer Active is a fortnightly mass market consumer magazine for home computer users, covering software and the internet with news, reviews and step-by-step projects. Its last reported audited circulation was 118,188 in the year January to December in 2011. Felix Dennis is one of media’s best-known entrepreneurs, who made his name as a pioneer of personal computer magazines, notably PC World which he later sold to VNU in the mid-eighties. He also co-founded a $2 billion computer mail-order company related to the magazines, which eventually went public on the NASDAQ.