Bullish Dow Jones Newsletters acquires Richard Shaffer's technologic partners.Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Newsletters, a division of Dow Jones & Company, publisher of The Wall Street Journal and other leading financial publications, has been vigorously expanding its operations recently through partnerships, launches, and now the acquisition of a company founded and run by the former Wall Street Journal technology editor, Richard Shaffer. The purchase of Technologic Partners, a closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people. In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist. publications and events firm, includes Shaffer's VentureWire online newsletters and conferences (www.venturewire.com) which focus on the high-tech startup, venture capital, and technology industries. The 1984-founded, New York-based Technologic Partners is being combined with the Newsletters group at Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July , providing an online platform to expand the DJ Newsletters business and boost coverage of the private equity market. The financial details of the transaction were not disclosed. 160,000 readers Technologic Partners' eight online newsletters, which are read by more than 160,000 people daily, include VentureWire Professional, VentureWire People, VentureWire Wireless, VentureWire Life-sciences, and Computer Letter. With the acquisitions DJ Newsletters is now producing more than 20 specialized publications, including the widely read Daily Bankruptcy Review and other newsletters focusing on audiences with specialized information needs in insolvency, corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. , other fields. Technologic Partners also produces six conference events annually, including DataCenter Ventures, Wireless Ventures, Medical Technology Ventures, and Microventures. Paul Ingrassia Paul Ingrassia is president of Dow Jones Newswires, a unit of Dow Jones & Company. Ingrassia was awarded the 1993 Pulitzer Prize for Beat Reporting along with Joseph B. , president of Dow Jones Newswires, said, "The VentureWire acquisition accelerates the growth of Dow Jones Newsletters and gives us an innovative online platform for the creation, distribution and marketing of specialized business news. Technologic Partners' VentureWire Professional is a must-read for the private equity industry, just as Dow Jones News Service is the definitive information source for investing and trading in public companies. "Dick and I worked together for many years at The Wall Street Journal and he is a trusted journalist and respected colleague," Ingrassia added. The acquisition marks the return of Dick Shaffer to Dow Jones, where he created the popular weekly Wall Street Journal "Technology" column. He will remain editor-in-chief of the VentureWire publications and events and he will head up new product development at Dow Jones Newsletters--reporting to Richard Levine, vice president and executive editor of Dow Jones Newswires. Earlier DJ Newsletters activity * In May 2002, Dow Jones Newsletters and OsterDowJones, which is a joint venture between Oster Communications and Dow Jones Newswires, launched OsterDowJones Cocoa Cocoa, city, United States Cocoa, city (1990 pop. 17,722), Brevard co., E Fla., on the Indian River (a lagoon), a segment of the Intracoastal Waterway; inc. 1895. It is a tourist and arts center in a region where citrus fruits are grown. An 8-mi (12. Report and OsterDowJones Essential Coffee (NL/NL 5/17/02) Both weeklies report on those industries. * Also a little over a year ago, DJ Newsletters responded to the corporate accounting scandals Accounting scandals, or corporate accounting scandals are political and business scandals which arise with the disclosure of misdeeds by trusted executives of large public corporations. with the launch of the weekly Dow Jones' Re-Balancing the Books. * In April of this year, DJ Newsletters and WorldTrade Executive launched Latin American Energy Report and Dow Jones China Energy Report (NL/NL 4/15/03). * Then in May, WTE WTE Waste To Energy WTE Whole Time Equivalent WTE WebSphere Test Environment WTE Wassertechnik GmbH (Germany Water Company) WTE Web Telephony Engine WTE Wind Tunnel Enterprise (NASA) and DJN DJN Dow Jones Newswires joined forces to launch their third newsletter together, Iraq Reconstruction Report (NL/NL 5/15/ 03). See sidebar (1) A Windows Vista desktop panel that holds mini applications (gadgets) such as a calendar, calculator, stock ticker and Vonage phone dialer. It is the Windows counterpart to the Dashboard in the Mac. See Windows Vista and gadget. . DJ Newsletters, www.djnewsletters.com Technologic Partners, www.venturewire.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion