1105 Media to Acquire Fawcette Technical Publications.CHATSWORTH, Calif. -- 1105 Media, Inc., announced today it has acquired the operating assets Operating Assets Another term for working capital. of Fawcette Technical Publications, Inc. (FTP FTP in full file transfer protocol Internet protocol that allows a computer to send files to or receive files from another computer. Like many Internet resources, FTP works by means of a client-server architecture; the user runs client software to connect to ), publisher of Visual Studio Magazine and producer of numerous international conferences, including VS Live!, Web Design World and Web Builder 2.0. Terms of the transaction were not disclosed. "We are delighted to be adding a portfolio of well-established and highly-regarded properties such as these. FTP builds on our strong presence in the Microsoft IT community, including developers and resellers," said Neal Vitale, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 1105 Media, Inc. "Besides adding a strong print and online resource in Visual Studio Magazine, this transaction significantly expands our conference and event activities in this marketplace. We value what Jim Fawcette has built, and feel fortunate to be in a position to strengthen and grow that base." "Seeing one of your children move on is always difficult," added Jim Fawcette, founder of FTP, "but I feel that the business is in good hands, and will grow as part of 1105." FTP will become part of 1105 Media's Redmond Media Group (RMG RMG Roularta Media Group RMG RiskMetrics Group, Inc. RMG Revenu Minimum Garanti (French: Guaranteed Minimum Income) RMG Risk Management Group RMG Ready Made Garment RMG Raw Materials Group (mining industry) ). This division will reach over 500,000 readers and attendees each year, through magazines, online information and at live events. The other properties of RMG include Redmond Magazine, Redmond Channel Partner and the recently-launched Redmond Developer News, related websites and the semi-annual TechMentor conference. RMG is led by Group Publisher Henry Allain. "This strategic acquisition positions the Redmond Media Group as the dominant media outlet serving all facets of the Microsoft IT, channel partner and developer communities. Visual Studio Magazine has a long and respected history in the market and the VS Live!, Web Design World and Web Builder 2.0 events continue to provide a dynamic forum for developers to gather, network and learn. The efficiencies gained through this acquisition are far-reaching, as many of the RMG and FTP products and audiences are perfectly complementary to each other. We believe both businesses will see tremendous benefit by coming together and moving forward as one," said Henry Allain, Group Publisher of the Redmond Media Group. 1105 Media, Inc., is a leading provider of integrated information and media in targeted business-to-business markets, including specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. sectors of the information technology community; industrial health, safety and compliance; security; environmental protection; and home healthcare. 1105's offerings span print and online magazines, journals and newsletters; seminars, conferences and trade shows; training courseware Educational software. See CBT and OpenCourseWare. (application) courseware - Programs and data used in Computer-Based Training. ; and web-based services. 1105 Media is based in Chatsworth, Calif., with offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ; it was formed on April 7, 2006, by Nautic Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Alta Communications and Neal Vitale, to acquire 101communications, LLC, and Stevens Publishing. |
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